E-Trade and TD-Ameritrade Users Hacked!

  • Comments: 3
  • Written on: October 23rd, 2006

Computer hackers based in East-Europe, Asia, and Thailand have successfully hacked into thousands of TD-Ameritrade, E-Trade, Fidelity, and Charles Schwab user accounts in what is being called the biggest single identity theft crime in history.

The heist is currently being investigated by the FBI, the SEC, and the National Association of Securities Dealers, and with good reason. New York-based E-Trade spent over $18 Million to compensate its users for losses and Nebraska-based TD-Ameritrade (formerly run by Pete Rickets) also lost an undisclosed amount of money as a result of the intrusion.

Hackers Exploit Holes in DRM Copyright Protection

  • Comments: 0
  • Written on: September 5th, 2006

In August two programs surfaced on the Internet that allowed users to remove the Digital Rights Management (DRM) copyright protection that prevents the songs from being duplicated without permission nor payment.

One of the programs targeted Apple’s FairPlay DRM protection and the other circumvented Windows Media DRM protection. While attempts to circumvent copyright protection on online music services is not new, Microsoft was forced to hastily release a patch to close the vulnerability in Media DRM, while Apple plans to solve its most recent woes in an update to its popular iTunes software package.

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