The FBI continues to investigate an international fraud scheme that has affected hundreds of small business accounts. Sellers of products such as Mary Kay cosmetics say thieves wrote checks on their accounts, ranging from $24.95 to $39.99. “I was informed that the $39.95 charge was for a subscription to an adult Web site,” said Julia…
Category: Financial Sector
Ameriprise notifies customers of online breach
Ameriprise Advisor Services, Inc. (formerly H&R Block Financial Advisors) notified the Maryland Attorney General’s Office on December 24 of a breach involving a third-party vendor. According to the notification (pdf), AASI uses a third-party vendor to provide clients with online access to their accounts (usernames and passwords). The unnamed vendor notified them on December 17…
Canadian Tire cancels 16,000 Mastercards after Heartland breach results in hundreds of cards being misused
Canadian Tire (TSX:CTC) says it has cancelled and is re-issuing 16,000 Mastercard credit cards issued by its financial services arm over security concerns. Spokeswoman Lisa Gibson says the cards were deemed to be at risk after a widespread security breach disclosed last week by Heartland Payment Systems (NYSE:HPY), a U.S. credit card transaction processor. Gibson…
Ca: Debit scam victims now in the ‘hundreds’
This incident keeps growing and growing….. Joe Belanger reports: Police now confirm there are “hundreds” of victims in a debit card scam in Stratford. Although police said every financial institution was hit, they’ve confirmed there were more than 350 victims at just two banks. “We’re just starting to extrapolate the data, but it’s obviously in…
Former Countrywide clients to get reimbursement
AP is reporting: Connecticut officials say the new owners of Countrywide Financial Corp. have agreed to pay the state $350,000 and reimburse customers who had to freeze their credit after a massive data breach. Attorney General Richard Blumenthal and Department of Consumer Protection Commissioner Jerry Farrell says about 30,000 people in Connecticut were affected. Read…
NC: SECU probes fraud cases after security breach
Renee Chou reports: Officials with the State Employees Credit Union are investigating 40 cases of fraud in the wake of a security breach at a company that processes credit card payments nationwide. […] SECU receives card transactions through Visa, which receives the transactions from Heartland. The credit union has issued new credit cards and personal…