Ladbrokes Among 17 Firms Hacked by Cyber Crook Looking to Sell Details for Bitcoin

Written by:
Guest
Published on:
Dec/14/2017

Grant West, 25, admitted illegally obtaining the details of Just Eat, Uber and Ladbrokes customers' accounts in a bid to sell them on the 'dark web' for Bitcoins.  Hundreds of thousands of customers were reportedly impacted.

No financial details were obtained but the act cost companies like Just Eat upwards of £210,000 alone in repairs and mitigation costs.

From KentOnline.com:

He also plotted to defraud companies by obtaining customer data, such as email addresses and passwords, known as "Fullz" - or full credentials - to sell on the dark web using his profile named 'courvoisier'.

West even tried to sell cannabis online while he was on bail awaiting trial for the Just Eat fraud, Southwark Crown Court heard.

When police arrested him in August and September this year they found he had £25,000 in cash and a significant amount of Bitcoins.

West admitted two counts of conspiracy to defraud, one count of computer hacking, and one count of attempting to supply a Class B drug and was helped by his barrister Anna Mackenzie as he entered his pleas Thursday.

Kevin Barry, prosecuting, said: "It's computer hacking, and associated fraud.

"His acquiring, obtaining, using and supplying false customer credentials, everything one needs in order to manipulate identities alone.

"The particular type of computer misuse was activity which required details which could then be used and supplied onwards."

- Jagajeet Chiba, Gambling911.com

Business/Financial News

Japanese Police Crack Down on Some Cryptocurrency Users

Japanese Police Crack Down on Some Cryptocurrency Users

Say what?Japanese Police have been cracking down on users of remote mining software apps, such as Coinhive, without their website visitors’ consent....

Sports Betting Software Arizona

Sports Betting Software Arizona

Sports betting software is available to those bookies and agents residing throughout the state of Arizona with major metropolitan areas including Phoenix, Tuscan,  and the Grand Canyon region.

Stress Test for Bitcoin Cash is Coming

A real world stress test is nearing for bitcoin cash with millions of transactions to be thrown its way in an effort to prove the digital currency can hold up to all the hype.

Cryptocurrency Prices Slumping Again, Attibuted to Japan Demands

Cryptocurrency Prices Slumping Again, Attibuted to Japan Demands

A slumping market across most cryptocurrencies is being blamed on Japan's Financial Services Agency (FSA) requring exchanges to make improvements to the Japanese trading platforms' anti-money laundering practices. 

'Enormous Assets' to be Returned in Mt. Gox Debacle

“This is the first time in Japan legal history,” attorney for the creditors, Daniel Kelman, stated, “that a liquidation has ever converted into a rehabilitation —it’s always the other way around after a rehab fails. This sort of also made legal history as well.”

Syndicate