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Identity thieves hit customers at TD Ameritrade, E-Trade

Overseas hackers broke into customer accounts at two popular online stock brokerages, TD Ameritrade Holding Corp. and E-Trade Financial Corp., in a “pump and dump” stock-trading scheme that led to at least $22 million in losses. The attacks, which took place during the last three months, were launched by identity thieves in Eastern Europe and Asia who primarily used keylogging software delivered via Trojan horses or other malware to steal users’ confidential information as they logged onto public computers or their own infected machines, TD Ameritrade CIO Jerry Bartlett said in an interview today. Full Story

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