Syracuse (WSYR-TV) – Five men are facing charges after being accused of a massive seven year credit card hacking operation.
According to the New Jersey U.S. Attorneys Office, the group hacked into the computer networks for companies like Visa, NASDAQ, Jet Blue, and JC Penny.
They also allegedly stole more than 160 million credit and debit card numbers, plus user names and passwords.
"They then sold those card numbers to individuals who ultimately used them, to cause losses of at least $300 million and that by the way, is our conservative estimate of the losses, the amount we've been able to confirm so far, and suffered by only three of the victim companies. The actual loss figure may well be much, much higher,” said U.S. Attorney Paul Fishman.
The suspects were indentified today as four Russian nationals and a Ukrainian.
Two of the men were previously charged in New Jersey in connection with five corporate data breaches.