Criminals buy and sell stolen identity information because they see it as a low-risk, high-reward proposition
Advancement in Technology is definitely a blessing, but relying heavily on Technology may be the biggest mistake you can make.
Just take a moment to answer the below mentioned questions :
- Do you store Credit Card details in Smartphone / Computer
- Do you use the feature of Auto-fill in Chrome
- Have you ever checked notifications from Google ” some one tried to login from this location / device “
- Is you smartphone / Laptop is fully secure ?
If not, than you are vulnerable to hacking and your money and personal / social life is in danger.
Are you aware of the fact, One Single Vietnamese guy stole information of 200 mn Americans and sold it for 2 mn dollars ?? Calculate the cost / person.
A Vietnamese national was sentenced to 13 years in prison for hacking into U.S. businesses’ computers, stealing personally identifiably information (PII), and selling to other cybercriminals his fraudulently-obtained access to PII belonging to approximately 200 million U.S. citizens.
“From his home in Vietnam, Ngo used Internet marketplaces to offer for sale millions of stolen identities of U.S. citizens to more than a thousand cyber criminals scattered throughout the world,” said Assistant Attorney General Caldwell. “Criminals buy and sell stolen identity information because they see it as a low-risk, high-reward proposition. Identifying and prosecuting cybercriminals like Ngo is one of the ways we’re working to change that cost-benefit analysis.”
“This case demonstrates that identity theft is a worldwide threat that has the potential to touch every one of us,” said Acting U.S. Attorney Feith. “I want to acknowledge the excellent work of the United States Secret Service in identifying and capturing Mr. Ngo. This case proves that the United States Attorney’s Office for the District of New Hampshire will work with law enforcement to investigate and prosecute identity thieves, even if they are halfway around the world.”
How and when Information was hacked
According to admissions made in connection with his guilty plea, from 2007 to 2013, Ngo operated online marketplaces from his home in Vietnam, including “superget.info” and “findget.me,” to sell packages of stolen PII. These packages, known as “fullz,” typically included a person’s name, date of birth, social security number, bank account number and bank routing number. Ngo also admitted to acquiring and offering for sale stolen payment card data, which typically included the victim’s payment card number, expiration date, CVV number, name, address and phone number. Ngo admitted that he obtained some of the stolen PII by hacking into a New Jersey-based business and stealing customer information.
Fools do make mistakes
Ngo was sentenced in a U.S. district court in New Hampshire for wire fraud, identity fraud, and access-device fraud. He was arrested in February 2013, when he visited the United States.
Be careful, Next time when you see even a suspicious activity in your Laptop / Smartphone.