Ladbrokes Among 17 Firms Hacked by Cyber Crook Looking to Sell Details for Bitcoin
Grant West, 25, admitted illegally obtaining the details of Just Eat, Uber and Ladbrokes customers' accounts in a bid to sell them on the 'dark web' for Bitcoins. Hundreds of thousands of customers were reportedly impacted.
No financial details were obtained but the act cost companies like Just Eat upwards of £210,000 alone in repairs and mitigation costs.
From KentOnline.com:
He also plotted to defraud companies by obtaining customer data, such as email addresses and passwords, known as "Fullz" - or full credentials - to sell on the dark web using his profile named 'courvoisier'.
West even tried to sell cannabis online while he was on bail awaiting trial for the Just Eat fraud, Southwark Crown Court heard.
When police arrested him in August and September this year they found he had £25,000 in cash and a significant amount of Bitcoins.
West admitted two counts of conspiracy to defraud, one count of computer hacking, and one count of attempting to supply a Class B drug and was helped by his barrister Anna Mackenzie as he entered his pleas Thursday.
Kevin Barry, prosecuting, said: "It's computer hacking, and associated fraud.
"His acquiring, obtaining, using and supplying false customer credentials, everything one needs in order to manipulate identities alone.
"The particular type of computer misuse was activity which required details which could then be used and supplied onwards."
- Jagajeet Chiba, Gambling911.com