Julia O’Donoghue reports: The personal information of Louisiana residents could be at risk because of another data breach involving state-issued debit cards. JPMorgan Chase has notified Louisiana’s government that someone had broken through the company’s security system and the personal information of residents using debit cards provided by three state agencies could be exposed. People who…
Category: Financial Sector
Two California Residents Sentenced To Prison For Computer Theft From LendingTree; Former Employee Sold Unauthorized Access
U.S. District Judge Robert J. Conrad, Jr. sentenced two California residents to prison on Tuesday, August 26, 2014, for their role involving computer theft from a nation-wide online mortgage broker (the “company”). Brian Matthew Rich, 40, of Laguna Beach, Calif., was sentenced to 24 months in prison, followed by two years of supervised release. Marcus…
NY Man Pleads Guilty to Bank Fraud and Aggravated Identity Theft; Ring Stole 1,800 Wells Fargo Mortgage Files
Jeffrey Washington, 36, of New York, NY, pled guilty yesterday to conspiracy to commit bank fraud and aggravated identity theft. According to a statement of facts filed with his plea agreement, Washington was a leader of a group that conspired to steal identity and financial information from Wells Fargo Mortgage offices. There were twelve Wells…
JPMorgan Hack Said to Span Months Via Multiple Flaws
Jordan Robertson and Michael Riley report: Hackers burrowed into the databanks of JPMorgan Chase & Co. (JPM) and deftly dodged one of the world’s largest arrays of sophisticated detection systems for months. The attack, an outline of which was provided by two people familiar with the firm’s investigation, started in June at the digital equivalent…
FBI investigating hacking attack on JPMorgan
The more that comes out, the worse this sounds. Now it’s seven banks and it sounds like the hackers were able to burrow in deep. Matt Egan, Jose Pagliery and Evan Perez report: The FBI is investigating hacking attacks on 7 of the top 15 banks, including one against JPMorgan Chase, according to someone with…
FBI Said to Examine Whether Russia Tied to JPMorgan Hacking
Michael Riley and Jordan Robertson report: Russian hackers attacked the U.S. financial system in mid-August, infiltrating and stealing data from JPMorgan Chase & Co. (JPM) and at least one other bank, an incident the FBI is investigating as a possible retaliation for government-sponsored sanctions, according to two people familiar with the probe. The attack resulted…