In the justice system: An employee of Washington Mutual Bank in Joliet was arrested and charged with organizing a financial crimes enterprise, conspiring to commit financial crimes, participating in a continuing financial crimes enterprise, theft and four counts of financial identity theft. More. Washoe County sheriff’s deputies have arrested David Michael Baker in Reno on…
Category: Financial Sector
RBS WorldPay statement
In response to my request for a statement, a spokesperson for RBS WorldPay sent this statement: RBS WorldPay received its Payment Card Industry (PCI) Report on Compliance (ROC) in June of 2008 by a qualified assessor. Visa has asked us to obtain a new certification of PCI compliance because of the recent data-security compromise. Visa…
Visa puts Heartland on probation over breach — but what about RBS WorldPay?
Anthony M. Freed of Information Security Resources reports that Visa has put Heartland Payment Systems on probation. As of February 11, 2009 Visa’s Global List of PCI DSS Validated Service Providers had asterisked Heartland Payment Systems as being under review. Heartland is not on the March 12th list. The following quotes from Visa’s announcement are…
Police in Romania detain 20 alleged hackers
The Associated Press reports that police in Romania have detained 20 people suspected of cloning the web sites of banks in other countries to deplete customers’ bank accounts. Individuals in both Spain and Italy were affected. In another case, police detained a person suspected of hacking into the servers of U.S. universities and government agencies,…
Inquiry into how PrimeShares World Markets acquired personal info of Opes Prime clients
Mark Hawthorne of The Sydney Morning Herald reports that the Australian Securities and Investments Commission is investigating how the private account details of Opes Prime clients were acquired by New York- based PrimeShares World Markets. Read more.
Bits ‘n Pieces
In the justice system: Kimberly Taylor, a former loan officer at Advantage Loans Inc. in Fayetteville, was sentenced to federal prison Monday, more than two years after her license was revoked for falsifying documents and stealing clients’ personal information to borrow money. More. Hugh Rodley and David Nash have been convicted for their parts in…