Because we don’t have a privacy commissioner who actually — gasp — investigates breaches and issues findings, and all we have is HHS which doesn’t publish its findings and leaves us generally in the dark, this report out of Canada is especially interesting. The Alberta privacy commissioner’s office has found that the province’s health board…
Category: Financial Sector
HSBC whistleblower in hiding amid money-laundering investigation
The Times Online has more details on the HSBC breach that is causing some international conflict. Earlier, HSBC had reported that an employee had stolen some client data (on fewer than 10 clients) and sold it to French authorities who were seeking to investigate French citizens who were using Swiss banks to avoid paying taxes….
Judge dismisses shareholder lawsuit against Heartland (updated)
Dan Kaplan reports: A U.S. District Court judge in New Jersey has tossed out a class-action lawsuit filed by shareholders against Heartland Payment Systems, the credit card processor announced Wednesday. The judge granted Heartland’s motion to dismiss the action, which was filed in the wake of Heartland’s massive breach that was reported earlier this year,…
HSBC breach: France denies paying for stolen data
France has denied that it paid for what is claimed to be stolen information on suspected tax evaders with Swiss bank accounts. It comes after newspaper Le Parisien said part of list of some 3000 names, allegedly taken by an employee of HSBC’s private bank in Geneva, was being used by French tax authorities to…
Data stolen from HSBC in Switzerland: Bank
Data related to less than 10 clients was stolen from HSBC’s Swiss branch, the bank said on Wednesday, amid media reports that some names of alleged French tax evaders was obtained by France through theft. “HSBC Private bAnk (Suisse) SA confirms that an ex-employee, previously working for its IT-development group, stole data during a time…
Data breach by Anglo Irish Bank affects UK clients
From the BBC: The Belfast office of Anglo Irish Bank is at the centre of an investigation after it accidentally released information on 500 UK customers. A bank executive emailed a Northern Ireland client a spreadsheet containing details of derivatives transactions carried out on behalf of the customers. The bank has informed financial regulators in…