Mikhail M. Tuknov, Jr. pleaded guilty in federal court to debit card fraud and conspiracy to launder money. He faces a maximum sentence of up to 30 years in prison and up to $750,000 in fines. In connection with his guilty plea, Mr. Tuknov admitted that he obtained debit card numbers and associated personal identification…
Author: Dissent
District says former employees will have to pay if they want credit monitoring (updated)
Zach Fridell reports that the Steamboat Springs School District is offering reduced price credit monitoring to about 900 former employees whose Social Security numbers were on laptop that was stolen last week. At least some former employees are unhappy with the offer, particularly since the district is picking up the tab for current employees. Although…
Bits ‘n Pieces
In the criminal justice system: As a follow-up to a case previously reported, former Navy petty officer, Cora Dixon, pleaded guilty and accepted a 15-year prison sentence for helping run an identity theft ring. She was accused of using her access to direct deposits at the Fort Worth Reserve Joint Base to take banking and…
UK: Police probing wide-scale bank card cloning claims
Justin Dunn reports that Wirral police are investigating possible large-scale cloning of credit and debit cards which have all been used at the same business in Wallasey. Most of the suspect transactions are believed to have been attempted in India and Canada, with the amounts ranging between £300 and £3,000. It is believed that all…
Pointer: Heartland’s Lonely Quest For Reform
Rebecca Sausner has an article in Bank Technology News, in which Avivah Litan of Gartner is quoted as saying, “Visa’s next.” But the more interesting question, of course, is what’s next? …. Visa is sticking to its guns with the PCI standards. “…While no guarantee, maintaining compliance with the PCI DSS remains the best protection…
Industry coalition launches health IT security plan
A coalition of more than 50 healthcare companies and technology vendors on Monday unveiled a common security framework designed to be a benchmark for safeguarding the privacy of electronic medical records. […] McKesson is participating in the industry-led coalition, known as the Health Information Trust Alliance, which also includes health providers, insurers, pharmacies, biotech firms…