Cyberthieves find workplace networks are easy pickings
July 29, 2010
Total Loss:
Over $60 Million
It took only a modicum of skill for a cybergang to steal 94 million credit and debit card payment records from the TJX retail chain — and follow that up by hauling in 130 million records from credit card processor Heartland Payment Systems. Court records reveal that those record-setting break-ins were almost too easy. Even more surprising: The thieves were able to take their sweet time extracting the data, in each case going undetected for more than a year.
CHART:
A tale of two hacks
What happened to TJX and Heartland was not unusual. And details unveiled in the prosecution of gang members involved in both thefts have shed fresh light on a business truism demanding more scrutiny: Workplace networks have turned out to be much more porous and difficult to defend than anyone ever anticipated.
Source:
USA TODAY; By Byron Acohido
Posted in:
Account Takeover Identity Theft
ACH and Wire Fraud