Bloomberg reports: A former Citadel LLC employee who admitted stealing data from the Chicago-based investment firm as well as high-frequency trading computer code from a New Jersey company was sentenced to three years in prison. Yihao “Ben” Pu, who was charged in 2011, pleaded guilty in August to stealing proprietary information from Citadel in 2011 and to…
Category: Financial Sector
JPMorgan Asked by States for More Detail on 2014 Data Breach
Chris Dolmetsch reports: A group of U.S. attorneys general want more information from JPMorgan Chase & Co. (JPM)about the extent of a data breach that jeopardized millions of customer accounts amid a national focus on consumer cybersecurity. The request comes as President Barack Obama on Jan. 13 called for new laws requiring companies to disclose instances when they’ve been hacked…
PA: Two cleaning women charged with stealing personal info from police credit union
Margaret Harding reports: Two cleaning women from Stowe did little cleaning at the Greater Pittsburgh Police Federal Credit Union, describing their time instead as “girl time” to tell stories, drink beverages and scout through stuff — including members’ personal information that they stole, police said. Bonnie Hendzel, 50, and Mary Tumminello, 27, were charged with stealing…
Personal banking info sold to highest bidder in China
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…
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…