Jeff Vaughn reports: Richard Woo is in the import/export business. In the past, he used an email account to verify auto parts delivered to Los Angeles– where he lives– from China. The electronic fax number hasn’t been used in months, until recently when Woo says he started receiving applications for loans meant for a Michigan…
Category: Financial Sector
PA: Stolen debit card information in Bradford County (updated)
Haley Burton reports: Pennsylvania State Police in Towanda said more than 200 customers at two banks had their debit card information compromised and used at stores nationwide. Customers at PS Bank located at 76 Church Street and Community Bank N.A. located at 426 State Street, both in Wyalusing, were impacted, according to a news release…
UK lender has action taken against it following data theft
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…
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…