Word: creditable
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...your credit-card information was stolen recently, there's a decent chance it fell into the hands of Albert Gonzalez. The infamous computer hacker was indicted along with two unnamed co-conspirators in a New Jersey court on Aug. 17 for the alleged theft of some 130 million card numbers. The crime is believed to be the largest retail-store theft in U.S. history. Although little is known about Gonzalez's personal life, he has a long history of hacking and has been known to operate on both sides of the law. (Read "A Brief History of Cybercrime...
...Charged with hacking into retail and card-processing computers to steal 130 million credit- and debit-card numbers from 2006 to 2008. The compromised companies include Heartland Payment Systems, 7-Eleven, two unnamed national retailers and Hannaford Brothers, a regional supermarket chain...
...Gonzales had previously been indicted - once in May 2008 and again in August of the same year - for allegedly stealing the info of 40 million credit and debit cards from companies including OfficeMax, TJ Maxx, Boston Market, Barnes & Noble, Sports Authority, Forever 21, DSW and Dave & Buster...
...Arrested in New Jersey in 2003 while working as an administrator for the underground, 4,000-member website Shadowcrew.com, on which hackers swapped stolen credit-card information...
...think you're seeing the cycle repeat itself all over again, and Starwood and all of these guys are seeking to capitalize on the dislocation in the credit markets and purchase distressed debt that's out there," says Fox-Pitt Kelton Cochran Caronia Waller analyst Matthew Howlett...