From the bring-your-own-device-to-work dept.: Brian Bowling reports: A former senior vice president of PNC Bank‘s Palm Beach Office used her cell phone to snap pictures of her computer screen just hours before she resigned to take a job with a competitor, the Pittsburgh-based bank claims in a federal lawsuit filed Friday. PNC Bank and PNC…
Category: Financial Sector
KR: Investigating the financial regulators – did they do enough?
While South Korea’s Financial Supervisory Service (FSS) continues to deal with massive breaches in the financial sector, the Board of Audit and Inspection of Korea will now be investigating them: The Board of Audit and Inspection of Korea began an inspection of the country`s financial watchdog agency Wednesday over a large-scale theft of customer information from…
TD Bank employee pleads guilty in stolen identity tax fraud scheme
Now what was I saying about TD Bank having a lot of insider breaches? Tenisha Nkesha Francis, 32, of Lake Worth, and Ryan Michael Francis, 27, of Riviera Beach, pled guilty in federal court in Florida today for their participation in a stolen identity tax refund scheme. Sentencing is scheduled for September 11, 2014 at 1:30 p.m….
KR: FSS rejects request for data theft probe
Na Jeong-ju reports: The Financial Supervisory Service (FSS) has rejected a consumer group’s request to examine the extent of damage consumers suffered from recent data theft cases involving major financial firms here. The decision has triggered protests from victims. In early February, the Financial Consumer Agency asked the regulator to probe the banks and credit…
Former Capital One teller sentenced for stealing customer information
Associated Press reports: A bank teller who conspired to use customers’ information to order fraudulent checks and steal money their accounts has been sentenced to more than five years in prison. Twenty-four-year-old Jayad Zainab Ester Conteh of Glenarden was also ordered to pay more than $36,000 in restitution at sentencing Tuesday in federal court in…
Thieves Jam Up Smucker’s, Card Processor (update 1)
Brian Krebs reports: Jam and jelly maker Smucker’s last week shuttered its online store, notifying visitors that the site was being retooled because of a security breach that jeopardized customers’ credit card data. Closer examination of the attack suggests that the company was but one of several dozen firms — including at least one credit card processor — hacked…