Saturday, June 11, 2011

Hackers, thieves run wild on Internet - The Boston Globe

Cybercrime economics and evolution

In addition, computer criminals have begun to play for higher stakes, Corman said. Data thieves like Albert Gonzalez, who stole about 90 million credit and debit card numbers from Framingham’s TJX Cos. and other retailers between 2005 and 2008, have glutted the underground market for stolen card numbers.

“The street value of a credit card has dropped a hundredfold because it’s so easy to steal [the numbers],’’ so gangsters are moving into the market for stolen corporate secrets, Corman said. “Law enforcement is ill-prepared for this on every level.’’

Hackers, thieves run wild on Internet - The Boston Globe

Post a Comment