Hackers steal 160 million credit card numbers
July 26 , 2013
Five men have been charged with stealing 160 million credit card numbers over the span of seven years. This incident is being referred to as being the largest data theft to have ever happened in the U.S.
The hackers have targeted major corporate networks to steal those credit cards, resulting in hundreds of millions of dollars in losses, according to Paul Fishman, the U.S. attorney in New Jersey.
The victimized companies include Visa, NASDAQ, J.C. Penny and JetBlue and the U.S. attorney said "just three of the victimized companies account for $300 million in losses".
This incident is a reminder that even the most careful customers can become victims of fraud if they do business with companies that are breached.