[ISN] 'The Analyzer' Pleads Guilty in $10 Million Bank-Hacking Case

From: InfoSec News <alerts_at_private>
Date: Wed, 26 Aug 2009 01:13:13 -0500 (CDT)
http://www.wired.com/threatlevel/2009/08/analyzer/

By Kim Zetter
Threat Level
Wired.com
August 25, 2009

Ehud Tenenbaum, aka "The Analyzer," quietly pleaded guilty in New York 
last week to a single count of bank-card fraud for his role in a 
sophisticated computer-hacking scheme that federal officials say scored 
$10 million from U.S. banks.

The Israeli hacker was arrested in Canada last year for allegedly 
stealing about $1.5 million from Canadian banks. But before Canadian 
authorities could prosecute him, U.S. officials filed an extradition 
request to bring him to the States.

Prosecutors alleged in an extradition affidavit that Tenenbaum hacked 
into two U.S. banks, a credit- and debit-card distribution company and a 
payment processor, in what they called a global "cash-out" conspiracy. 
But he was only charged with one count of conspiracy to commit 
access-device fraud and one count of access-device fraud.

Tenenbaum is set to be sentenced Nov. 19, and he faces a maximum of 15 
years in prison. Prosecutors declined to comment on the case or describe 
the details of his plea agreement. The second count in the indictment, 
charging conspiracy, appears to have been dropped.

[...]


________________________________________
Subscribe to InfoSec News
http://www.infosecnews.org
Received on Tue Aug 25 2009 - 23:13:13 PDT

This archive was generated by hypermail 2.2.0 : Tue Aug 25 2009 - 23:33:15 PDT