Feeds

Max Vision pleads guilty to running cybercrime bazaar

Iceman melts

The Power of One eBook: Top reasons to choose HP BladeSystem

Notorious hacker Max Vision faces a lengthy prison sentence after pleading guilty to two counts of wire fraud involving the trafficking of around 1.8 million credit card numbers and running a clearing house for cybercrime.

Vision (aka Iceman), 36, ran an underground forum called Carders Market where carders and hackers traded in stolen credit card numbers and purloined bank login credentials, among other details. An estimated 4,500 cybercrooks traded more or less openly on the forum between 2005 and 2007, when the site was shut down and Vision's San Francisco apartment was raided.

Credit card firms reckon $86m in fraudulent purchases was made using account numbers contained on systems controlled by Vision. The hacker was arrested after becoming a prime target in a two-year FBI sting operation, during which agent J Keith Mularski infiltrated cybercrooks to such an extent that he ended up running a rival cybercrime clearing house called Dark Market.

Vision, who recently changed his name from Butler, has been held on remand since his arrest in September 2007. He faces a sentencing hearing penciled in for 4 October, where a third wire fraud count and two counts of transferring stolen identity data will be considered in sentencing, AP reports.

His lawyer said that Vision wanted to use his computer skills for good in future. Vision's plea agreement was sealed, something that sometimes happens when defendants are co-operating in an ongoing investigation, among other reasons.

Vision was previously jailed for 18 months after he was convicted of hacking into military and defense contractor computers, an aggrevating factor likely to result in a longer jail sentence than might otherwise be the case. ®

Designing a Defense for Mobile Applications

More from The Register

next story
DARPA-derived secure microkernel goes open source tomorrow
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Don't look, Snowden: Security biz chases Tails with zero-day flaws alert
Exodus vows not to sell secrets of whistleblower's favorite OS
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
Four fake Google haxbots hit YOUR WEBSITE every day
Goog the perfect ruse to slip into SEO orfice
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.