100+X MILLION USD STOLEN / STOCK PRICE MANIPULATION
„Prosecutors in Atlanta and New York unsealed indictments against four men and one unnamed alleged co-conspirator in connection with a complex, sprawling scheme to artificially manipulate the price of certain publicly traded U.S. stocks.
The defendants are accused of hacking into JPMorgan Chase in 2014, stealing the names, addresses, phone numbers and email addresses of the holders of some 83 million accounts at the financial institution –a breach that the Justice Department has dubbed the “largest theft of customer data from a U.S. financial institution in history.” Scottrade announced a similar breach of 4.6 million customer records in October 2015. Etrade last month warned 31,000 customers that their contact information may have been breached.
The men allegedly laundered hundreds of millions of dollars from the scheme via a vast cybercrime network that included illegal online pharmacies, fake antivirus or “scareware” schemes, Internet casinos and even a Bitcoin exchange.
Indictments from Atlanta U.S. Attorney John Horn name Gery Shalon, 31, a resident of Tel Aviv and Moscow, who was arrested by Israeli law enforcement in Savyon, Israel in July 2015 and remains in custody there pending extradition proceedings. Another man, Joshua Samuel Aaron, also 31, is a U.S. citizen and resident of Israel, but currently a fugitive. The Atlanta indictments referenced a third, as yet-unnamed accomplice.“
I think i read NSA-Ex-Chief (now running his own private IT security consultation company (without a website)) like this:
„If they can do that – they can do anything.“
With anything you mean… transfer money from JPMorgan customers to somewhere else?
But maybe that was „FEARMONGERING“ to GET MORE FUNDING FOR IT SECUTITY FROM CONGRESS AND THE TAXPAYER.
„The bank typically keeps the personal information of its customers encrypted, or scrambled, as a security precaution. However, during the course of the breach, personal data belonging to those customers had temporarily appeared in plain text in files the computers use to log activity“
„What happened? Hackers breached the www.ucard.chase.com website and gained access to the personal information, which appeared in plain text during the course of the attack. The prepaid cash cards were used by corporations to pay employees and for government agencies to issue tax refunds, unemployment compensation and other benefits.*
But this reads way more lame…
Joshua Samuel Aaron is wanted by the FBI and the United States Secret Service for his alleged involvement in a scheme to hack major American companies in order to acquire customer contact information. The scheme, orchestrated from approximately 2007 to mid-2015, used the contact information of millions of American citizens to manipulate the price and volume of traded shares in numerous publicly traded stocks by means of deceptive and misleading email campaigns, and manipulative, prearranged stock trading. Aaron allegedly acted as the stock manipulation scheme’s “front-man,” using the alias “Mike Shields” (including false identification and a Social Security Number belonging to another person) to communicate with brokerage companies and co-conspirators. After causing a stock’s price and trading volume to increase artificially during the days or weeks of the email promotional campaign, members of the conspiracy, including Aaron, began dumping, or selling, their shares of the stock in a coordinated fashion, often resulting in huge profits to members of the conspiracy“