Sergei Nicolaevich Tšurikov has been sentenced to eleven years in prison for conspiracy to commit wire fraud and computer intrusion for his involvement in an elaborate scheme which stole over $9.4 million from a credit card processor. “A leader of one of the most sophisticated cybercrime rings in the world has been brought to justice…
Category: Financial Sector
Fidelity National Financial notifies title insurance customers of breach
From a letter sent by Fidelity National Financial to customers on September 23: Fidelity National Financial, Inc. (“FNF”) is writing to inform you of an incident that may have involved your personal information. FNF is the parent company of Ticor Title Company of Oregon, Ticor Title of Nevada, Inc., Lawyers Title Company, and Lawyers Title…
After JPMorgan Chase Breach, Push to Close Wall St. Security Gaps
Jessica Silver-Greenberg and Matthew Goldstein report: This summer’s huge cyberattack on JPMorgan Chase and a dozen other financial institutions is accelerating efforts by federal and state authorities to push banks and brokerage firms to close some gaping holes in their defenses. Top officials at the Treasury Department are discussing the need to bolster fortifications around a critical area of cybersecurity:…
First National Bank website exposed private information
Jan Vermeulen of MyBroadband reports: First National Bank’s online card tracking facility exposed the names, ID numbers, phone numbers, and delivery addresses of clients to anyone who knows what the reference number for the tracking service looks like. These reference numbers are sequential, so if you know one it is very easy to guess others…
Russia ruled out as culprit in Chase cyber security breach, U.S. officials say
And THIS is why I don’t jump on all on the early allegations. Jim Finkle reports: The Russian government has been ruled out as sponsor of a cyber attack on JPMorgan Chase & Co disclosed in August, U.S. law enforcement officials said on Monday. Read more on Reuters.
Grim statistics: Officials warn 500 million financial records hacked within past 12 months
Erin Kelly reports: Federal officials warned companies Monday that hackers have stolen more than 500 million financial records over the past 12 months, essentially breaking into banks without ever entering a building. “We’re in a day when a person can commit about 15,000 bank robberies sitting in their basement,” said Robert Anderson, Jr., executive assistant…