From the that’s-not-good dept.: Leaks of personal credit card information have become increasingly serious in China, reports the Beijing Times. The stolen information is sold online and priced differently according to its “quality.” Secondhand information that has previously been sold is priced at 0.35 yuan (US$0.06) per item whereas info on platinum card users can…
Category: Financial Sector
You’re never too old, Tuesday edition
On Jan. 5, 2015, U.S. District Court Judge James A. Soto sentenced Howard Dennis Barnes, age 72, to 72 months in federal prison. Barnes had previously pleaded guilty to charges of mail fraud and attempted fraud in connection with computers, both felonies. […] Barnes also attempted to steal confidential financial information from an entity that…
Banque Cantonale de Geneve Leak – Rex Mundi (update2)
As seen on DPaste this morning and as tweeted by @RexMundi14: Dear friends and foes, Last week, we hacked our way into the servers of Swiss bank Banque Cantonale de Geneve (BCGE). While we did not access any bank account, we did download 30,192 private emails sent by both Swiss and foreign customers, in addition…
NAFCU Deems Data Encryption Rule Unnecessary
Nicholas Ballasy reports: The NCUA should look internally for ways to better protect credit union members’ data, rather than impose a new rule, according to NAFCU Director of Regulatory Affairs Alicia Nealon. Nealon’s statement was made in response to NCUA Board Chairman Debbie Matz floating the possibility of a proposed data encryption rule after an agency…
Hirsche Private Asset Emergency Announcement Regarding Breach of IT Security by Hacker Group
ZHONGZHENG DISTRICT, Taiwan, Jan. 7, 2015/PRNewswire/ — The company is currently investigating the malicious attacks that have shut down the ITs infrastructure. Hirsche Private Asset Management Ltd. urgently asks any clientele that are contacted by third parties not known to them to ignore any information requests or offers. Client data is thought to have been exposed and…
Morgan Stanley Fires Employee Accused of Stealing Client Data
Michael J. Moore reports: Morgan Stanley (MS) fired an employee it said stole data, including account numbers, for as many as 350,000 wealth-management clients and posted some of the information online. The bank alerted law enforcement and found no evidence that clients lost any money, New York-based Morgan Stanley said today in a statement. The firm…