Hacker jailed for stealing millions of banking and PayPal identities

Status
Not open for further replies.

Jack

Administrator
Thread author
Verified
Staff Member
Well-known
Jan 24, 2011
9,378
Sophos said:
Edward Pearson, a UK-based 23-year-old from York, had grand plans to make his fortune by stealing from individuals and companies through hacking and information-stealing malware.

Between January 1 2010 and August 30 2011, he used of malicious computer programs to get his hands on - wait for it - eight MILLION personal identities.

He used Trojans such as Zeus and SpyEye, to hunt down personal details on the internet, says the Daily Mail.

These details include stolen Paypal accounts, 2,701 bank cards, not to mention "enough dates of birth, postcodes and names to fill 67,500 double-sided A4 pages," reports York newspaper The Press.

"One of his programs scanned through 200,000 accounts registered to online payment service PayPal - identifying names, passwords and current balances." according to the Daily Mail.

Luckily, Pearson got caught after only making a £2,400 ($3,800 USD). The authorities estimate he could have walked away with as much as £800,000 ($1.3M USD).

Read more: http://nakedsecurity.sophos.com/2012/04/03/hacker-jailed-for-stealing-millions-of-banking-and-paypal-identities/
 

jamescv7

Level 85
Verified
Honorary Member
Mar 15, 2011
13,070
Well hackers can do huge stealing properties and made their life a cozy way due to the money came from victims however in opposite, authorities were hunting down those hackers to face the huge penalties and sanctions.
 
Status
Not open for further replies.

About us

  • MalwareTips is a community-driven platform providing the latest information and resources on malware and cyber threats. Our team of experienced professionals and passionate volunteers work to keep the internet safe and secure. We provide accurate, up-to-date information and strive to build a strong and supportive community dedicated to cybersecurity.

User Menu

Follow us

Follow us on Facebook or Twitter to know first about the latest cybersecurity incidents and malware threats.

Top