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Malibu man gets 11¼years for $37 Million internet fraud

         

indigojo

12:48 pm on May 12, 2004 (gmt 0)

10+ Year Member



Can't believe the banks gave out this sort of information, makes 128 bit encryption seem a bit pointless

[usdoj.gov...]

grelmar

3:20 pm on May 12, 2004 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I gather from the article that he harvested the accounts back in '97. Banks have gotten a lot savvier about how they deal with credit card security over the past few years.

Then again, the easiest, most effective hack, has always been one based on Social engineering. The weakest point in any computer security chain is always the human element.