Memento provides next-generation technology and solutions that enable financial institutions to rethink and improve the way they combat fraud and manage compliance. Memento customers realize unmatched business value and rapid ROI.

bank fraud forum

Hacker Pleads Guilty in Massive Fraud Case

December 30, 2009
Total Loss: $10 million
A hacker from Miami pled guilty to conspiracy to hack into computer networks at major U.S. retail and financial groups, and to steal data on tens of millions of credit cards and debit cards on Tuesday. Albert Gonzalez, who hacked under names including "soupnazi" and "segvec", will be given a prison term of between 17 years and 25 years as part of the plea agreement, said a statement from the U.S. Department of Justice.
Source: PC World
Posted in: Internal Fraud
Tags: debit cardddaover 10monline