Chung Ah-young reports: The financial regulator said Sunday that it may impose additional penalties on officials responsible for large-scale data thefts that occurred earlier this year. The Financial Supervisory Service (FSS) said that it will hold a disciplinary review committee meeting on Oct. 2 to discuss the severity of sanctions towards executives and employees of…
Category: Financial Sector
CO: Sensitive mortgage documents found dumped behind Centennial office building
Jaclyn Allen reports that a passerby discovered boxes of folders with what appeared to be mortgage information files: The folders have one company in common, Colorado First Commercial Mortgage, which has been out of business in Colorado for more than a decade. But wait, there’s more, it seems. When the Sheriff’s office went to investigate,…
NY A.G. Schneiderman Announces Takedown Of Identity-Theft Ring Targeting Bank Customers Across NYC And Surrounding Counties
Attorney General Eric T. Schneiderman today announced the arrest and indictment of five individuals for running an alleged identity-theft ring targeting customers of local banks. The defendants stole over $850,000 by having bank tellers access and steal personal information of hundreds of unsuspecting customers – account numbers and Social Security numbers, for example – and…
Hackers-for-hire raided 300 banks, corporates for TWELVE YEARS
Darren Pauli reports: A band of hackers for hire have raided some 300 banks, corporations and governments undetected for 12 years, possibly the longest campaign of its kind. The German hackers registered 800 front businesses in the UK to target and fully compromise organisations in Germany, Switzerland, and Austria at the request of customers. Elite…
After Breach, JPMorgan Still Seeks to Determine Extent of Attack
Nicole Perlroth and Matthew Goldstein report: The headache caused by the attack on JPMorgan Chase’s computer network this summer may not go away anytime soon. Over two months, hackers gained entry to dozens of the bank’s servers, said three people with knowledge of the bank’s investigation into the episode who spoke on the condition of…
Update: Former TD Bank Employee And Co-Defendant Sentenced In Identity Theft Tax Fraud Scheme
An update to this report: Tenisha Nkesha Francis, 32, of Lake Worth, and Ryan Michael Francis, 27, of Riviera Beach, were sentenced today before Senior U.S. District Judge Kenneth L. Ryskamp for their participation in a stolen identity tax refund scheme. Tensiha Francis was sentenced to 42 months in prison, three years of supervised release and…