Eliot Njus reports: The owners of a Northeast Portland office building have been fined after a state regulator said its cleaning service threw 30 boxes of mortgage records into an unlocked trash bin while evicting a mortgage company. The Oregon Department of Consumer and Business Services has ordered 122nd Group LLC to pay $5,000 for failing to…
Category: Financial Sector
Kenerson Associates notifies employees of breach at payroll processor, BenefitMall
Kenerson Associates in Beverly, Massachusetts is notifying 18 current and former employees whose personal information may have been accessed in a breach involving their payroll processor, Dallas, Texas-based BenefitMall. In a letter dated February 18 to the New Hampshire Attorney General’s Office, Kenerson incorporated BenefitMall’s January 16th notification letter to Kenerson about the breach. Their report…
Queens, N.Y., Men Sentenced To 57 Months In Prison For Large-Scale Atm Skimming Scheme Targeting New Jersey Bank Customers
Two Romanian natives residing in Queens, N.Y., were sentenced today to prison terms for a scheme to steal account information from bank customers throughout New York, New Jersey, and Connecticut by installing secret card-reading devices on ATMs, U.S. Attorney Paul J. Fishman announced. Ioan Leusca, a/k/a “Ionel Spinu,” 30, and Dezso Gyapias, a/k/a “Valentin Folea,”…
Two Sigma Analyst Charged With Confidential Data Theft
Chris Dolmetsch and Tiffany Kary report: An employee of Two Sigma Investments LLC, an $18 billion quantitative hedge fund, was charged by New York prosecutors with stealing computer data from the company, the latest in a growing number of proprietary financial firm theft cases brought by the Manhattan district attorney. Two Sigma sued Kang Gao,…
UK: Barclays cybertheft involved cooperation of employee
Steve Gold has an update to a breach noted previously on this blog involving a gang that transferred funds from some Barclays customers’ accounts. At the time, it was suspected that one of the gang members had posed as an engineer to install a KVM device that enabled them to access the bank’s computer and…
KR: Data-leaked card firms may suffer some 100 bln won revenue loss on biz suspension
Yonhap News reports that penalties imposed by financial regulators following data leaks may really hurt card issuers’ bottom lines this year: The three credit card firms hit by recent massive data leaks may lose some 100 billion won (US$93.6 million) in revenues due to a three-month business suspension ordered by the country’s financial regulator, data…