The Financial Industry Regulatory Authority (FINRA) issued the following press release today: The Financial Industry Regulatory Authority (FINRA) announced today that it has fined D.A. Davidson & Co., of Great Falls, MT, $375,000 for its failure to protect confidential customer information by allowing an international crime group to improperly access and hack the confidential information…
Category: Breach Incidents
Court to Notify Countrywide Customers About a Class Action Settlement Involving the Theft of Personal and Financial Data
A press release from the United States District Court for the Western District of Kentucky: A notification program began today in the United States, including Puerto Rico and recognized territories of the U.S., as ordered by the United States District Court for the Western District of Kentucky (the “Court”), to alert people who provided their…
In: Lawyer held for data theft from office
Aneesh Phadnis reports: A junior lawyer, who uploaded over 4,000 documents related to suits and litigations from his office server to personal email accounts, has been booked for data theft. On Friday, the Vakola police arrested Chittaranjan Das after his employer, advocate Rajesh Sharma, complained that he had transferred documents from the office server to…
(follow-up) Data theft puts LPL clients at risk
Bruce Kelly of Investment News has more on the recent LPL Financial breach reported previously here. Kelly reports that LPL’s chief risk officer, John McDermott, says that LPL advisers guilty of mishandling or losing client data face an escalating series of punitive measures — “starting with a formal reprimand, then fines and ultimately termination.” McDermott…
Cedar Falls Pita Pit Customers Experience Credit Card Fraud
Claire Kellett reports: Cedar Falls police are investigating an unusually high amount of credit card fraud just in the past few days. The department says isolated cases are common, but it is receiving enough reports to consider asking the Iowa Division of Criminal Investigation for help. Police say this is affecting both debit cards and…
(update) Credit card fraud reports still growing
The Stillwater case keeps growing….. and in this installment, it seems that it’s less clear how the breach occurred than previously thought. Peter Cox reports: Police have taken nearly 200 reports from people affected by credit card numbers apparently stolen from the Mad Capper Bar and Restaurant in downtown Stillwater. Investigator Kyle Sykes, who is…