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Category: Business Sector

GA: Best Buy employee, boyfriend charged in identity theft ring

Posted on August 22, 2014 by Dissent

WSB-TV in Atlanta reports: Best Buy Corporation is apologizing to the victims of an identity theft ring that appears to have involved a Gwinnett County Best Buy employee and her boyfriend. Investigators say Adriana Orellana ran applications for iPhone and Verizon service using the names and information from victims her boyfriend had stolen the identities…

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ME: Data breach reported at Otto pizza in Portland

Posted on August 22, 2014 by Dissent

J. Craig Anderson reports: A data breach at Otto in Portland may have resulted in the theft of about 900 customers’ credit card numbers from the local restaurant chain’s two Portland locations, the company said Friday. Company officials said in a news release that authorities recently notified Otto that it suffered a “point-of-sale” attack that…

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Breach at USIS ‘affected’ at least 25,000 employees – DHS official

Posted on August 22, 2014 by Dissent

Jim Finkle has an update to the USIS hack reported earlier this month: A cyber attack at a company that performs background checks for the U.S. Department of Homeland Security compromised data of at least 25,000 government workers, an agency official told Reuters on Friday. The official said that DHS plans to notify approximately 25,000…

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NJ: ID theft probed at 2 north Jersey farmers markets

Posted on August 22, 2014 by Dissent

AP reports: Roxbury Township police say it may involve more than 100 customers who made purchases with their credit or debit cards at Ledgewood Farm and Wharton Farm Market. Many are reporting fraudulent use of their cards. Police say the data included customer names, credit and debit card numbers, expiration dates and three-digit security codes…

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LinkedIn Reaches Deal in Privacy Litigation; Settles for $1.25M

Posted on August 21, 2014 by Dissent

Lisa Hoffman reports: A security breach that opened more than 6 million passwords to online viewing and spawned a putative class action will cost LinkedIn Corp. $1.25 million to settle. The preliminary agreement was reached August 15 in In Re: LinkedIn User Privacy Litigation, a consolidated action through which plaintiffs alleged the professional networking site misrepresented the strength…

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Cost of Target Data Breach: $148 Million Plus Loss of Trust

Posted on August 21, 2014 by Dissent

Jennifer LeClaire reports: The now infamous Target data Relevant Products/Services breach is still costing the company — and its shareholders — plenty. In fact, the retailing giant forecast the December 2013 incident cost shareholders $148 million. The company also lowered its full-year earnings forecast in the wake of the breach and its stock took a…

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