Jamaica’s Cyber Crimes Act was enacted earlier this year. Now two people who were observed acting suspiciously in front of an ATM while in possession of access and cloning devices have become the first individuals charged under the new law. The Jamaica Observer has the story.
Category: Financial Sector
Heartland Payment Systems, Discover Agree To $5 Mln Intrusion Settlement
Heartland Payment Systems said it reached a settlement agreement with Discover Financial Services (DFS) related to the 2008 criminal intrusion of Heartland’s payment system environment. Under the agreement, Heartland would pay Discover $5 million, resolving all issues related to the 2008 intrusion. “This settlement marks our final agreement with a card brand related to the…
AIB tells tribunal employee dismissed for accessing accounts
Genevieve Carbery reports: Unauthorised access to the bank accounts of 13 employees and three customers by a former Allied Irish Banks worker was “absolutely not” acceptable, a senior AIB manager said yesterday. Former AIB Capital Markets employee Brian Purcell (38), from Dublin, was dismissed in April 2009 after the bank discovered he had accessed the…
ID thief who had Wells Fargo customer info sentenced
Jonah Hanneke Nelson was sentenced Thursday to 58 months in prison following a plea agreement to resolve ID theft and bank fraud charges mentioned previously on this site. As noted last year, when aw enforcement executed a search warrant on his home, they found the names and account numbers of 550 Wells Fargo bank customers. …
UK: Yorkshire Building Society takes action after customers’ details are stolen
The Information Commissioner’s Office (ICO) has found Yorkshire Building Society (YBS) in breach of the Data Protection Act after an unencrypted laptop belonging to the former Chelsea Building Society (CBS), which had recently merged with YBS, was stolen from its Cheltenham premises. The laptop contained a substantial part of the CBS customer database. The laptop…
Confessions of an ATM Hacker
Tracy Kitten writes: I caught up this week with Barnaby Jack, the so-called ethical hacker who cracked the operating systems of two retail ATMs during last month’s Black Hat Technical Security Conference in Vegas. Jack, who heads research for IOActive Labs, a privately held computer and network security firm in San Francisco, hacked two commonly…