A 27-year-old computer hacker pleaded guilty Friday to being part of an international conspiracy to steal account information from major banks in the United States in order to steal money from ATMs all over the world. As WCBS 880′s Irene Cornell reported, Qendrim Dobruna admitted to hacking into the systems of J.P. Morgan Chase, which processed transactions by the…
Category: Financial Sector
NG: Fraudsters hack into Ogun account
KingFemii reports: Suspected internet fraudsters have reportedly hacked into Ogun State-owned mortgage bank, Gateway Savings and Loans Limited, and stole millions of Naira. [1 million Nigerian Naira = $6,146.29 – Dissent] Men of Ogun State Police Command are investigating the multi-million Naira fraud. It sounds like some heavy-handed tactics for investigating a hack, and it’s…
Brokerage firm Benjamin F. Edwards fell victim to CryptoWall infection
Dave Lewis of Forbes recently reported a breach affecting brokerage house Benjamin F. Edwards Co.’a customers. A copy of the firm’s notification letter to clients had been posted on the California Attorney General’s website as well as the Vermont Attorney General’s website. At the time, Lewis reported: On May 24, 2014 Benjamin F. Edwards & Co. had their computer systems compromised…
Charles Schwab Accuses Ex-Employee of Stealing Confidential Info
Law360 reports that Charles Schwab & Co. has sued a former employee, alleging he violated his contract with the company by stealing confidential client information and trade secrets to help launch his own rival company. Read more on Law360.com (subscription required).
Goldman says client data leaked, wants Google to delete email (update2)
Jonathan Stempel reports: (Reuters) – Goldman Sachs Group Inc said a contractor emailed confidential client data to a stranger’s Gmail account by mistake, and the bank has asked a U.S. judge to order Google Inc to delete the email to avert a “needless and massive” breach of privacy. The breach occurred on June 23 and…
KR: Executives at 3 credit card firms face heavy penalty for data theft
Chung Ah-young reports: About 80 officials, including former CEOs and executives, from three credit card firms face heavy penalties for the theft of customers’ personal information, the financial regulator said Wednesday. Former CEOs of the firms face heavy penalties equivalent to recommendations of dismissal, which means they will be banned from working for other financial…