In what prosecutors call a sophisticated, seven-year scheme, a criminal ring of Eastern European hackers has preyed on large companies, including J.C. Penney, 7-Eleven, Nasdaq OMX Group and JetBlue Airways, and stolen a reported 160 million credit and debit card numbers, cashing out with an estimated $300 million. The loss was borne by companies, but there is unknown cost to cardholders. Insiders say the theft will increase the cost of doing business.

Full Story:
NBC News

Related Summaries