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Category: Financial Sector

NY: Cybercriminal Sentenced To 50 Months For His Role In Hacking Campaign

Posted on July 5, 2015 by Dissent

The following press release from the U.S. Attorney’s Office for the Eastern District of New York provides an update on a case noted previously on this site involving a hack of JP Morgan Chase to alter prepaid debit cards issued by the American Red Cross for disaster relief victims: June 29 – Earlier today at the…

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JPMorgan Reassigns Security Team Leader a Year After Data Breach

Posted on June 30, 2015 by Dissent

Jordan Robertson and Michael Riley report: The executive in charge of protecting JPMorgan Chase & Co.’s computer network from hackers has been reassigned, after a year on the job that included controversy over his handling of a massive data breach and the departure of several top security team members. Greg Rattray, a former U.S. Air…

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Europol brings down Zeus, SpyEye cybercriminals

Posted on June 30, 2015 by Dissent

The Local reports: Investigators from six different European countries, including Austria, have succeeded in bringing down a cybercriminal group in Ukraine. Europol said that the action, which took place in Ukraine on June 18th and 19th, resulted in five arrests and the confiscation of computer equipment and other devices for further investigation. The high-level cybercriminals…

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Bank of Manhattan Warns of Potential Data Leak

Posted on June 27, 2015 by Dissent

Ionut Ilascu reports: A data security and protection notification has been issued by the Bank of Manhattan Mortgage Lending, following the discovery that one of its employees used sensitive customer information in a manner that contradicts the organization’s policies and instructions. Read more on Softpedia.

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Owner of California Payment Processing Company Charged with Fraud

Posted on June 25, 2015 by Dissent

The Justice Department announced today that the owner and operator of a payment processing company that was involved in the unauthorized withdrawal of millions of dollars from consumers’ bank accounts was charged with fraud. The criminal information, filed in the Eastern District of Pennsylvania, charged Neil Godfrey, 76, of Santa Ana, California, with one count…

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Most-Wanted Cybercriminal Extradited to U.S. From German Prison

Posted on June 23, 2015 by Dissent

Chris Strohm reports: The U.S. will get a rare chance to prosecute one of the world’s most-wanted cybercriminal suspects with the extradition of a Turkish man accused of orchestrating a global operation to hack automated teller machines. Ercan Findikoglu, 33, is being flown to New York on Tuesday after losing his fight against extradition from…

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