- CyberCrime Center
April 7, 2014
A Reuters story quoted Illinois Attorney General Lisa Madigan saying the Experian breach has become part of “a multistate investigation.” And Connecticut’s Attorney General said that his state was also looking into the matter.
Brian Krebs, the security guru of KrebsOnSecurity, who originally broke the story of the Vietnamese cybercriminal who bought the financial records of millions of Americans from a company owned by the credit bureau, now provides an update (edited to fit our format).
Hieu Minh Ngo, a 24-year-old Vietnamese national, pleaded guilty last month to running an identity theft service out of his home in Vietnam. Ngo was arrested last year in Guam by U.S. Secret Service agents after he was lured into visiting the U.S. territory to consummate a business deal with a man he believed could deliver huge volumes of consumers’ personal and financial data for resale.
But according to prosecutors, Ngo had already struck deals with one of the world’s biggest data brokers: Experian. Court records just released last week show that Ngo tricked an Experian subsidiary into giving him direct access to personal and financial data on more than 200 million Americans.
According to U.S. government investigators, the data was not obtained directly from Experian, but rather via Columbus, Ohio-based US Info Search. US Info Search had a contractual agreement with a California company named Court Ventures, whereby customers of Court Ventures had access to the US Info Search data as well as Court Ventures’ data, and vice versa. Experian came into the picture in March 2012, when it purchased Court Ventures (along with all of its customers — including Mr. Ngo). For almost ten months after Experian completed that acquisition, Ngo continued siphoning consumer data and making his wire transfers.
A transcript (PDF) of Ngo’s guilty plea proceedings obtained by KrebsOnSecurity shows that his ID theft business attracted more than 1,300 customers who paid at least $1.9 million between 2007 and February 2013 to look up Social Security numbers, dates of birth, addresses, previous addresses, phone numbers, email addresses and other sensitive data on more than three million Americans.
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Posted by Dan Rampe
Tags: Account Takeover, Account Takeover Fraud, Bank Fraud, Building Trust on the Internet, CNP fraud, Context-Based Authentication, Cookieless Device Identification, Cookies, Credit Card Fraud, Cyber attacks, Data Breach, Device Detection, Device Fingerprint, Device Fingerprinting, Device ID, Device Identification, Experian Data Breach, Fraud Prevention, Hacking, Identity Spoofing, Identity theft, Malware, Malware Detection, Malware Protection, Man-in-the-Browser Detection, MitB, Mobile fraud, Online Fraud, Phishing, Phishing Detection, PII, ThreatMetrix, ThreatMetrix Cybercrime Index, ThreatMetrix Global Trust Intelligence Network, ThreatMetrix Web Fraud Map, Trust Tags, TrustDefender Cybercrime Protection Platform, Web Fraud