In the wake of a breach involving client data, reported on this blog in December, Standard Chartered PLC made some some changes. Kroll Ontrack reports … the Monetary Authority of Singapore (MAS) revealed it has taken “appropriate supervisory actions” against the firm over the data theft of some of its private-banking clients’ bank statements. A total…
Category: Theft
KR: Customer data stolen from NongHyup Life by subcontractor employees
Is there anyone left in South Korea who hasn’t had their information leaked by now? Sheesh. Yonhap News reports: Subcontracted employees were found to have taken some 350,000 pieces of private data belonging to customers from a local life insurance firm that hid the leak for months from authorities, the financial watchdog said Wednesday, just…
Update to VALIC databreach
Gene Valicenti has an update on the VALIC databreach reported previously on this blog. The breach generated a number of questions, including why it took so long for the life insurance and retirement plan firm to figure out what happened and why it took so long for them to determine who needed to be notified…
Federal court ruling in Carnegie Strategic Design Engineers v. Cloherty applies narrow interpretation of CFAA
Robert R. Baron, Jr., David S. Fryman, Corinne Militello, and Philip N. Yannella of Ballard Spahr write: A Pennsylvania federal magistrate judge has tossed an employer’s claims under the Computer Fraud and Abuse Act (CFAA), holding that the CFAA does not extend to punish employees for the misuse of information that was accessed with permission….
Update to State Bar of Nevada breach
There’s an update to the breach involving the State Bar of Nevada first reported on DataBreaches.net . Yesterday, the state bar posted a notice on their website on the News section: The State Bar of Nevada learned that criminals forced their way into a State Bar storage facility and stole some confidential records. The State Bar…
Client data stolen from home of deceased employee?
At the time Chester Ju, an investment representative of McDermott Investment Services, passed away, he had certain client information records at home for his work. What happened to those records became the basis for a breach notification to New Hampshire and some of his clients. Although the personal representative for the deceased investment representative says he…