| Friday October 24th 2014

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British fraud cop quits job, buys huge database of stolen identities, charges fees to people who want to know if their details are in the database


A former British fraud cop has assembled a database of 4,000,000 British identities, including credit card numbers and PINs, seemingly by buying data from hackers and phishers. Now he’s selling access to the database to panicked members of the public who want to know if their identities have been stolen.

U.K. ID CardHighly sensitive financial information, including credit card details, bank account numbers, telephone numbers and even PINs are available to the highest bidder…The information being traded on the web has been intercepted by a British company and collated into a single database for the first time. The Lucid Intelligence database contains the records of four million Britons, and 40 million people worldwide, mostly Americans. Security experts described the database as the largest of its kind in the world…

The database is held by Colin Holder, a retired senior Metropolitan police officer, who served on the fraud squad. He has collected the information over the past four years. His sources include law enforcement from around the world, such as British police and the FBI, anti-phishing and hacking campaigners and members of the public. Mr Holder said he had invested £160,000 in the venture so far. He plans to offset the cost by charging members of the public for access to his database to check whether their data security has been breached.

Never underestimate the capacity of one human being to profit from the suffering of another.

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