Information Age: News, analysis & insight for IT & business leaders

Hacker stole credit card details of 400 PayPal users

21 February 2012  

UK computer expert wrote code to compromise PayPal accounts, defrauded luxury hotels

A British computer expert has admitted stealing the credit card details of 400 users of the online payments service PayPal, the Daily Mail reports.

Edward Pearson admitted accessing the data in court yesterday. He also admitted illegally accumulating personal data of 800 million individuals, using software that he had written himself,

At Southwark Crown Court, Pearson pleaded guilty to three counts of fraud. His girlfriend admitted telling staff at two luxury hotels in York that she would use the stolen credit card details to make payments.

The couple, who also face drug dealing charges, stand accused of plotting fraud worth £350,000. They are now awaiting sentence.

Also this week, a York-based programming student was sentenced to eight months in jail for hacking into Facebook. Glenn Mangham, 26, argued that his hacking had been ethical, saying he wanted to show Facebook how to improve its security.

Despite acknowledging that Mangham had not wished to steal any information from Facebook, Judge Alistair McCreath ruled that his actions were nevertheless illegal. "You and others who are tempted to act as you did really must understand how serious this is," McCreath said.


Comments 

There are currently no comments on this article

People who read this also read...

 

White Papers

Read article

'Think Lean' When Developing Management System Documentation

Learn how to efficiently and effectively implement a document management system for your organization.

Read article

11 Hiring Trends for 2011

In this document, you'll get the insider info you need to give potential employers what they want and beat your competition in 2011. You'll learn about the most valuable certifications and the game-changing skills that can lead to more job security and stability.

Read article

12 Hiring Manager Secrets to Getting the IT Job You Want

Learn how you can make yourself a more attractive candidate now with PrepLogic's free 12 Hiring Manager Secrets to Getting the Job You Want.

More
Advertisement
div class="banner">