Identity thieves hit Ameritrade, E-Trade

Hackers broke into customers account that lead 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.
The hackers then logged into existing customer accounts -- or created dummy accounts -- to buy shares in little-traded stocks, driving prices up so they could sell their own previously purchased shares for a profit.

Hakcers deteriorate the trust people have in e-business