Israeli hacker arrested in Canada thought to be responsible for 10M in losses to US institutions

The affidavit detailing the charges against Tenenbaum says investigators have attributed $10 million in losses to the hacking spree, though it attributes only $1 million in losses to the OmniAmerican and Global Cash Card hacks, and $3 million to the 1st Source Bank and Symmetrex hacks. It's not clear where the remaining $6 million in alleged losses come from, and the U.S. Attorney's office in the Eastern District of New York, where Tenenbaum is being charged, was unable to account for the discrepancy in the totals. On April 18, 2008, authorities say Tenenbaum gave a co-conspirator the compromised debit and credit card account numbers of more than 150 accounts taken from Symmetrex as well as the computer commands he'd used to execute the attack. Then, throughout the night of April 20, he received updates from accomplices in Russia and Turkey as they successfully withdrew cash from ATMs, and from Pakistan and Italy where the cards apparently failed to work. The next day, more cards were used in Bulgaria, Canada, Germany, Sweden and the United States. By late afternoon that day, Tenenbaum told an accomplice he'd racked up about "350 - 400" in earnings. The affidavit notes that this likely referred to 350,000 to 400,000 dollars or euros. Posted in: Account Takeover Identity Theft