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US Attorney Indicts Five in Hacking Scheme

By Julie Daurio, WBGO News
July 25, 2013

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Officials in New Jersey have announced the largest hacking scheme ever prosecuted in the U.S.

Five men have been indicted for running a scheme that targeted major corporate networks around the world. The hackers are charged with stealing and selling more than 160 million credit card numbers over a period of seven years.

U.S. Attorney Paul Fishman says the result was hundreds of millions of dollars in losses for companies as well as consumers.

“Those who have the expertise and the inclination to break into our computer networks threaten our economic well-being, our privacy, and ultimately our national security. And as this case shows, there is a real practical cost, because these types of frauds increase the cost of doing business for everyone in America.”

Fishman says that even well-protected companies were vulnerable to these hackers.

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