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Funding Terror
Written by Daniel   
Thursday, 25 January 2007 08:30

Dark Matter
Even Terrorists Hack for Cash

JANUARY 24, 2007 | 5:05 PM -- Money made by data thieves is finding its way into terrorists' hands.

"This is something people have been talking about since 9-11," says Avivah Litan, Gartner's resident guru on identity theft, credit card and banking security, and consumer privacy. "But it's really a new phenomenon."

According to her sources, the arrest of approximately 50 people in Egypt and Lebanon in 2006 was the first definitive proof that data hacks have been instituted by or for Middle Eastern extremist groups. Among the catch by police last year: millions of dollars filched by using stolen debit and credit account numbers.

Although not much of a surprise (terrorists are if nothing creative in how they fund operations, ranging from kidnapping to charitable fronts) the news that hackers are shilling for the likes of Hezbollah and al-Qaeda is disturbing because of the amount of money that can be made in cybercrime....More

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