Fergie's Tech Blog

U.S. Arrests 7 on Charges of Credit Card Data Trading

Tom Zeller Jr. writes in The New York Times:

The Secret Service yesterday announced seven arrests in five states and the District of Columbia as part of a continuing crackdown on online forums where credit card data and other stolen consumer information is routinely traded.

A total of 21 people have been arrested in the United States and Britain in the last three months in the undercover operation, the agency said.

It is the largest federal law enforcement action taken against the thriving online trade in credit card numbers, bank accounts, passwords, personal identification numbers and other data since an earlier effort, Operation Firewall, broke up the largest black market trading board, Shadowcrew.com, in 2004.

Jonathan Cherry, a spokesman for the Secret Service, said the new crackdown, called Operation Rolling Stone, was aimed at "online criminal enterprises that threaten our financial infrastructure."

posted by Fergie @ 3/29/2006 06:54:00 AM