Jordan Robertson and Michael Riley report: JPMorgan Chase & Co. (JPM)’s own investigators have found clues that a global network of computers available for hire by sophisticated criminals was used to reroute data stolen from the bank to a major Russian city, according to people familiar with the probe. Like street magicians using sleight of…
Category: Financial Sector
PK: Hackers take down govt websites, leak bank records
A group of Pakistani hackers temporarily brought down several government portals, including that of the Army, and leaked 23,000 bank records in a bid to support the ongoing anti-government protests in the country. The group calling themselves “Anonymous Op Pakistan” hacked over two dozen government websites overnight, a few of which remained inaccessible. Some of…
JPMorgan Chase alerts Louisiana that data breach possibly affects state-issued debit cards
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…
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…