A Wells Fargo Bank employee working inside a bank call center was arrested Friday for accessing customer accounts and taking money out, according to the U.S. Attorney’s office. Ronita Prasad, 28, of Antelope gained access to customer accounts through a protected system without authorization. She used customer account access to pay her own debts, open…
Category: Financial Sector
Amex cardholders’ data stolen by employee
A lot of sites are posting a news story with almost no details involving American Express. From what I read elsewhere about the notification, this is likely the incident that was reported here last month.
An open letter to Heartland CEO Robert Carr
Rich Mogull of Securosis joins Mike Rothman in taking Heartland Payment Systems CEO Bob Carr to task for his comments that seemed to shift responsibility for the breach to the assessors who told them they were PCI-compliant: […] PCI compliance means you are compliant at a point in time, not secure for an indefinite future….
Opinion: Heartland CEO Must Accept Responsibility
I just read Bill Brenner’s interview with Heartland Payment Systems’ CEO Bob Carr [Heartland CEO on Data breach: QSAs Let Us Down] and truthfully, my blood is boiling. Basically, he’s throwing his QSA under the bus for the massive data breach that happened under his watch. Basically, because the QSA didn’t find anything, therefore he…
Heartland CEO on Data Breach: QSAs Let Us Down
For Heartland Payment Systems Inc. CEO Robert Carr, the year did not start off well, to say the least. In January, the Princeton, N.J.-based provider of credit and debit processing, payment and check management services was forced to acknowledge it had been the target of a data breach — in hindsight, possibly the largest to…
BofA, Citigroup warn of security breach (updated)
Tim McLaughlin pf Boston Business Journal reports that Bank of America and Citigroup have issued new credit and debit cards to Massachusetts customers after security concerns. Both sent letters to customers in MA that their account numbers may have been compromised. “We have learned that account information from certain Bank of America debit cards may…