History of Hacking

DECEMBER 26, 2004

Money Cases

  • 1988 First National Bank of Chicago is the victim of $70-million computer heist. [1]
  • 1994, summer. Russian crackers siphon $10 million from Citibank and transfer the money to bank accounts around the world. Vladimir Levin, the 30-year-old ringleader, uses his work laptop after hours to transfer the funds to accounts in Finland and Israel. Levin stands trial in the United States and is sentenced to three years in prison. Authorities recover all but $400,000 of the stolen money. [1]

To Investigate

  • Kevin Mitnick


  1. http://www.nationmaster.com/encyclopedia/Timeline-of-hacker-history
  2. Bruce Sterling, The Hacker Crackdown (available in a digital edition - just search online)