• Iceman gets 13 years for stealing credit card numbers

    Posted on February 16, 2010 at 07:32 CST by • Comment in the Forums

    Robert McMillan at IDG News reports that Max Butler (a.k.a. “Iceman”) was just sentenced to 13 years in prison for breaking into financial institutions’ computers and stealing credit card information. 13 years plus $27.5 million in restitution.

    After a promising start as a security consultant who did volunteer work for the U.S. Federal Bureau of Investigation, [Max] Butler was arrested for writing malicious software that installed a back-door program on computers — including some on federal government networks — that were susceptible to a security hole.

    Butler served an 18-month prison term for the crime and fell on hard times after his 2002 release, he said in a sentencing memorandum filed Thursday. “I was homeless, staying on a friends couch. I couldn’t get work,” he wrote. In desperation, he turned again to cybercrime. By the time of his arrest in September 2007, he had built the largest marketplace for stolen credit and debit card information in the world.

     

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