Feeds

Notorious hacker Analyzer pleads guilty on credit card scam

$10m scam perp puts hands up

SANS - Survey on application security programs

Notorious recidivist hacker Ehud Tenenbaum has pleaded guilty to credit card fraud as part of a plea bargaining agreement with US authorities in a multi-million dollar fraud case.

Tenenbaum, known as The Analyzer, pleaded guilty to a single count of fraud over his involvement in a sophisticated computer hacking scam reckoned to have cost US banks as much as $10m. The Israeli national faced similar charges in Canada but agreed to voluntary extradition to the US earlier this year, Wired reports.

The 29-year-old allegedly masterminded a scheme that involved hacking into the systems of financial services firms and transferring funds into pre-paid debit card accounts under the control of his partners in crime.

Tenenbaum is well known to US authorities. Ten years ago he was convicted in his native Israel of breaking into unclassified computer systems run by NASA, the Pentagon, the Israeli parliament and Hamas. He received only a suspended sentence and a fine after being prosecuted for his offences in Israel.

His notoriety helped him to get security consulting work with Israeli businesses. Thereafter he dropped out of the news for almost a decade before his arrest in Canada last year.

The twice-convicted hacker faces a sentencing hearing on 19 November where he faces a maximum of 15 years in jail, though in practice his probable cooperation with US authorities on other cybercrime cases is likely to result in a far more lenient sentence. ®

High performance access to file storage

More from The Register

next story
Obama allows NSA to exploit 0-days: report
If the spooks say they need it, they get it
Putin tells Snowden: Russia conducts no US-style mass surveillance
Gov't is too broke for that, Russian prez says
Snowden-inspired crypto-email service Lavaboom launches
German service pays tribute to Lavabit
Mounties always get their man: Heartbleed 'hacker', 19, CUFFED
Canadian teen accused of raiding tax computers using OpenSSL bug
Heartbleed exploit, inoculation, both released
File under 'this is going to hurt you more than it hurts me'
Arts and crafts store Michaels says 3 million credit cards exposed in breach
Meanwhile, Target investigators prepare for long process in nabbing hackers
Canadian taxman says hundreds pierced by Heartbleed SSL skewer
900 social insurance numbers nicked, says revenue watchman
prev story

Whitepapers

SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.