Nicholas Ballasy reports: The Home Depot data breach cost credit unions almost $60 million, nearly twice as much as the Target breach, according to survey results released by CUNA Thursday. In the survey conducted from Oct. 1 to Oct. 24, 835 credit unions reported that 7.2 million credit union debit and credit cards were affected…
Category: Business Sector
Paper, paper, everywhere….
The Associated Press reports that two women were arrested in Round Rock, Texas after they were found going through the trash behind an Extended Stay America hotel, allegedly to find information that could be used for identity theft and fraudulent purposes. KEYE TV reports that in this case, it may not have been the trash that posed a risk…
Alabama Bail Bondsman Sentenced for Stealing Identities that Were Used to File Fraudulent Tax Returns
A former bail bondsman in Dothan, Alabama, was sentenced yesterday to serve 51 months in prison for his involvement in a stolen identity tax refund fraud (SIRF) scheme, Acting Deputy Assistant Attorney General Larry J. Wszalek for the Justice Department’s Tax Division and U.S. Attorney George L. Beck Jr. for the Middle District of Alabama…
BackcountryGear.com notifies consumers of second malware breach in three months
For the second time in three months, Backcountry Gear is notifying online customers that malware may have compromised their payment card information. According to a letter from Michael Monson, Co-Founder and owner of BackcountryGear.com, malware caused payment card information to be stolen between October 11 and October 17, when they discovered the problem. Customers’ names,…
Apple Pay competitor CurrentC hacked, alerts pilot program participants of security breach
Neil Hughes reports: CurrentC, a mobile payment system that has found itself at odds with both Apple Pay and Google Wallet, announced on Wednesday that it has been hacked and that some users’ email addresses may have been obtained. MCX, the company behind CurrentC, sent out the email on Wednesday, revealing that its security systems…
MA: Bankers say data breach that affected Easthampton, Southampton businesses, including Big E’s, over
EASTHAMPTON — Local bankers said this week that data breaches at some retailers in Easthampton and Southampton, including Big E’s Supermarket, appear to be over, thanks partly to businesses’ efforts to upgrade security. […] During the height of the fraudulent activity, bankers and law enforcement officials refused to release the names of the businesses affected…