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Category: Business Sector

Federal lawsuit blames Michaels for PIN thefts

Posted on May 19, 2011 by Dissent

Josh Stockinger reports: A West Chicago woman has filed a federal lawsuit against Michaels, claiming the arts-and-crafts giant failed to protect customers from “cyber-pickpockets” who stole sensitive banking information from checkout keypads at stores in 20 states. The suit filed this week in Illinois’ northern district seeks class-action status and more than $5 million in…

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(follow-up) Kr: Regulator plans to discipline Hyundai Capital over hacking

Posted on May 19, 2011 by Dissent

A Hyundai Capital data breach disclosed in April is resulting in consequences from South Korea’s financial regulator.  Yonhap News Agency reports: South Korea’s financial regulator decided Wednesday to punish Hyundai Capital Services Inc. for lax computer system maintenance, which led to a major hacking attack at the biggest local consumer finance firm. The Financial Supervisory…

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France’s official P2P monitoring firm hacked

Posted on May 17, 2011 by Dissent

Dan Goodin reports: The French government has temporarily suspended its reliance on the company designated to monitor file-sharing networks for copyright scofflaws following reports that a hack on its servers may have leaked sensitive information. Eric Walter, France’s secretary general of internet piracy, made the announcement over Twitter on Tuesday, saying that Hadopi, short for…

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Teenage duo sentenced over credit card Ghostmarket

Posted on May 17, 2011 by Dissent

Dan Goodin has more about a case mentioned yesterday on this blog. Two UK teenagers received sentences for repeated hack attacks that stole credit card data and took one online webhost offline. Zachary Woodham, 19, and Louis Tobenhouse, 18, pleaded guilty to the online offenses in late December, members of the Metropolitan Police Service’s Police…

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UK: Computer hacker who ruined stranger’s internet business ‘for a game’ and stole bank account details is spared jail

Posted on May 16, 2011 by Dissent

A computer hacker who ruined a man’s internet firm ‘for a game’ and was caught with thousands of stolen bank account details has been spared jail – so he can carry on studying for his degree in law. Sussex University student Zachary Woodham, 19, bragged online about how easy it was to take control of…

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AU: How security chief’s bank details leaked

Posted on May 16, 2011 by Dissent

Ben Grubb reports: Security firm Symantec’s Australian chief has revealed how his personal credit card details were leaked by a Melbourne restaurant, which he said highlighted the need for mandatory privacy breach notification laws. […] Scroggie’s credit card data was leaked via email when a Melbourne restaurant at which he was a member attempted to…

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