Consumer Payment Card News

Internet CC Theft

A San Francisco man was arrested by the FBI at San Francisco International Airport last week after attempting to sell 100,000 credit card numbers for $260,000. According to The Boston Globe the numbers were obtained after the man broke into a San Diego Internet Service Provider’s system and installed software to snif out and record subscriber’s passwords. The software did not pick up data as it was tranmitted but rather breached the security of ISP’s computer that stored unencrypted credit card data. The FBI became aware of the scheme in early May after the man tried to sell the credit card numbers via an on-line chat session. The man was released on $100,000 bail Friday afternoon.

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