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Saturday, 2nd May 2009

LexisNexis says its data was used by fraudsters

LexisNexis says its data was used by fraudsters

LexisNexis acknowledged Friday that criminals used its information retrieval service for more than three years to gather data that was used to commit credit card fraud.

LexisNexis has started warning about 32,000 people that "a few" customers used its service to help them illegally obtain credit cards. "These individuals were operating businesses that at one time were both ChoicePoint and LexisNexis customers," the company said in a notification letter that it began sending out Friday.

To perpetrate the scam, the fraudsters would set up fake mail boxes and then use information obtained on LexisNexis to open credit cards in the victims' names. The criminals were able to obtain names, dates of birth, and even Social Security numbers from the data broker.

Source: Network World

Hat tip: PW


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