Three Charged with Hacking into E*Trade and Scottrade in Massive Data Breach and Identity Theft ...

(Source: United States Attorney's Office for the Northern District of Georgia) ATLANTA - Three individuals were charged in an indictment unsealed today with an international scheme to hack into E*TRADE Financial Services Corporation and Scottrade Financial Services, Inc. to steal sensitive personal identifying information from millions of customers and build their own securities brokerage using the companies' proprietary databases. 'The massive scale of these data breaches is staggering. But the methods and goals of this scheme are all too familiar and highlight the critical threat that cyber-crime poses to our nation's economic security,' said U.S. Attorney John Horn. 'The indictment...