Identity thieves hit TD Ameritrade, E-Trade

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ComputerWorld is reporting that overseas hackers have broken into user accounts at the two popular online stock brokerages, causing over $22 million in financial losses. The European and Asian hackers used malware to collect users' logins and passwords over the last three months, TD Ameritrade CIO Jerry Bartlett told ComputerWorld. TD Ameritrade has compensated users to the tune of $4 million for their losses while E-Trade has spent a whopping $18 million. The moral of the story? Make sure virus definitions are always up to date at your enterprise and never log into secure accounts on a public machine.

For the full details:
- read this ComputerWorld article

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