Largest Identity Theft Cases

Reece Block

The Largest Cases

Through research I have compiled the worlds largest identity theft cases recorded.

Philip Cummings

he "insider" was Philip Cummings, a help desk employee with a Long Island, NY, company that provided special software to its client companies--like banks and other financial institutions--allowing them to download consumer credit reports from the three major commercial credit reporting agencies.

Cummings had access to his clients' codes and passwords, which meant he could download virtually all the consumer credit reports he wanted. And he did, after being approached by a ring of Nigerian nationals who offered to pay for copies. Even after leaving the company, Cummings continued using his inside knowledge to download and sell credit reports to this identity theft ring for another two years.

What was the damage done? 30,000 victims across the United States and Canada.

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Operation Swiss

An October 2011 bust code named "Operation Swiper" in Queens, New York resulted in 86 arrests and 111 indictments when police arrested the members of five organized credit card and identity theft rings with ties to Europe, Africa, the Middle East, and Asia. In total, the organizations cost individuals, businesses, and financial institutions more than $13 million across the world.
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40 Million Cards Stolen

A Florida citizen, in cooperation with two Russian associates, stole more than 40 million debit and credit card records during a corporate data breach that began in 2006 which targeted companies.

Personal Experience

While shopping for adopt a school, last year, so this would have been 2013, Target's system was breached and thousands of credit card numbers were stolen, including mine. Chase had sent me a new card just to be safe.

"It is believed that the breach affected roughly 40,000 card devices at store registers, which could mean that millions of cardholders could be vulnerable, according to the people familiar with the incident. They also warned that details could change significantly as the investigation proceeds." - Wall Street Journal