Following up on a news story posted yesterday: Over on Wired, Kim Zetter has additional details on the trial and conviction of Pirate Bay co-founder Gottrid Svartholm Warg.
Category: Business Sector
Retailers accuse credit unions of talking smack about card breaches
Sean Gallagher reports: Reeling from the bad press associated with an ongoing parade of data breaches caused by criminal infiltration of their payment systems, representatives of six retail industry associations signed a joint open letter that pushes back against a vocal critic of retailers’ cyber-security practices—credit union associations. In the letter addressed to the presidents of…
Chinese engineer to plead guilty in theft of GE Healthcare trade secrets
Bruce Vielmetti reports: A Chinese engineer charged with stealing trade secrets and confidential information from a GE Healthcare subsidiary in Waukesha has reached a plea agreement with federal prosecutors. Jun Xie, 41, will plead guilty to one count of stealing trade secrets, according to federal court records. He faces a maximum penalty of 10 years…
Another Defendant Sentenced In Identity Theft Fraud Scheme Involving Personal Identifying Information From AT&T Customer Files
Tracy Delva, 22, of Deerfield Beach, has been sentenced to 37 months in prison, followed by three years of supervised release, and was ordered to pay $27,441 in restitution. Delva previously pled guilty to one count of access device fraud, and one count of aggravated identity theft, in violation of Title 18, United States Code,…
Home Depot Breach Costs CUs $60M
Nicholas Ballasy reports: The Home Depot data breach cost credit unions almost $60 million, nearly twice as much as the Target breach, according to survey results released by CUNA Thursday. In the survey conducted from Oct. 1 to Oct. 24, 835 credit unions reported that 7.2 million credit union debit and credit cards were affected…
Paper, paper, everywhere….
The Associated Press reports that two women were arrested in Round Rock, Texas after they were found going through the trash behind an Extended Stay America hotel, allegedly to find information that could be used for identity theft and fraudulent purposes. KEYE TV reports that in this case, it may not have been the trash that posed a risk…