In the wake of a breach involving client data, reported on this blog in December, Standard Chartered PLC made some some changes. Kroll Ontrack reports … the Monetary Authority of Singapore (MAS) revealed it has taken “appropriate supervisory actions” against the firm over the data theft of some of its private-banking clients’ bank statements. A total…
Category: Financial Sector
Moscow Hacker Faces Extradition Requests by U.S., Russia
David Voreacos and Maud van Gaal: A Muscovite accused of helping to lead the most prolific computer hacking ring to hit corporate America faces competing extradition requests by the U.S. and Russia. Vladimir Drinkman, who has been in custody in the Netherlands since his arrest on June 28, 2012, was the subject of an extradition…
KR: Another 100,000 customers have their credit card information leaked (updated)
The security problems for credit card users in South Korea continues to take a toll on consumers and the country’s credit card industry. Yonhap News Agency is reporting yet another data leak involving credit card firms. This time, it’s reportedly 100,000 people who use Shinhan, Kookmin, NongHyup credit cards and Kwangju Bank. This is not the…
Man convicted of conspiring to steal and misuse Chase customers’ info gets aggravated identity theft conviction overturned
Tim Hull reports: A man who admitted to a $300,000 fraud on Chase Bank is not guilty of aggravated identity theft, the 9th Circuit ruled Thursday. Doren Ward conceded that in 2011 he worked with co-consipirators in the United Kingdom to steal the personal information of various Chase Bank customers and impersonate them to obtain…
UK: Barclays customers hit by data theft slam “chicken feed” compensation
Grimsby Telegraph has an update to a breach previously noted on this blog: Barclays Bank has come under fire after offering just £250 in compensation to customers whose confidential files were stolen and sold to rogue City traders. At least 2,000 of the bank’s customers were affected by the theft, which included details of their…
More TD Bank insider breaches
On March 1, I blogged about numerous insider breaches TD Bank has reported in the past few years. I updated that report on March 9 with even more breaches that I uncovered via public records that were subsequently made available. Today, I received a response to a public records request to the North Carolina Attorney…