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Category: Business Sector

Second Ariz. man charged in Sony Pictures hack

Posted on August 28, 2012 by Dissent

Associated Press reports: A second suspected member of the LulzSec hacking group was arrested Tuesday in Phoenix for his alleged role in a computer breach at Sony Pictures Entertainment last year, authorities said. An indictment filed in Los Angeles and unsealed Tuesday charged Raynaldo Rivera, 20, of Tempe, Ariz., with one count each of conspiracy…

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10 Greater Cleveland residents charged with bank fraud, identity theft

Posted on August 28, 2012 by Dissent

Donna J. Miller reports: Ten people from Greater Cleveland are accused of stealing a total of $207,000 from six banks in a scheme that involved an assistant bank manager and a salesman who supplied local businesses with cash registers and credit card machines. They were charged Friday with bank fraud and aggravated identity theft based…

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Data Breach at New York Utility Prompts Enforcement Action and Industry-Wide Data Security Review

Posted on August 25, 2012 by Dissent

Boris Segalis and Nihar Shah provide some follow-up to a data security breach at New York State Electric & Gas and Rochester Gas and Electric that was disclosed in January. As I noted in July, regulators criticized NYSEG over the breach that had affected 1.8 million. Segalis and Shah write: The Commission subsequently issued an “Order Directing…

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DSW Shoe Warehouse wins dispute with Chartis unit over data theft coverage

Posted on August 23, 2012 by Dissent

Judy Greenwald reports: A federal appellate court ruled Thursday that shoe retailer DSW Shoe Warehouse Inc. was entitled to insurance coverage of more than $6.8 million in stipulated losses and prejudgment interest from a Chartis Inc. unit in connection with a 2005 computer breach. In an incident widely reported at the time, DSW, a subsidiary…

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Some Bellacor customers who ordered online notified of security breach

Posted on August 22, 2012 by Dissent

Home lighting and furnishings retailer Bellacor has notified some of its web site customers of a recent breach. In their letter , a copy of which was posted on California’s breach report site, President and CEO James Lawrence informed those affected that their names, addresses, telephone numbers, and encrypted credit card numbers with security codes…

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Woman sentenced in $9 million ATM hacking

Posted on August 22, 2012 by Dissent

A participant in the November, 2008 WorldPay hack that resulted in $9 million run on ATM machines was just sentenced this week. Read about it on AJC.

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