Boston-based Zevin Asset Management recently notified some clients of a breach that began in mid-September 2013. According to a letter dated February 13 signed by their President, Benjamin Lovell: In mid-September 2013, contrary to Zevin policies, a Zevin employee used an online services provider to host a document listing Zevin’s usernames and passwords for certain…
Category: Financial Sector
KR: Shinhan Bank allegedly snooped into accounts of politicians
Na Jeong-ju reports: Shinhan Bank may face punishment by regulators for allegedly illegally accessing hundreds of bank accounts held by its customers, including politicians, sources said Monday. The Financial Supervisory Service (FSS) is currently looking into claims by an opposition lawmaker last year that the bank accessed bank accounts held by 22 people, including 16…
Wachovia customer sues bank for failing to protect his account and then falsely fingering him to the feds
Jay Weaver of the Miami Herald has a must-read piece about what Carlos Gomez, a Wachovia Bank customer, went through after becoming a victim of ID theft by a bank employee, and how he’s suing Wachovia, which has since been taken over by Wells Fargo: Just before dawn, insistent pounding on the front door jolted…
Paragon Benefits employee pleads guilty to stealing TSYS and Kelley Mfg. employee data
Brittany Dionne reports the update to a case previously noted on this blog: The man accused of identity theft of more than 5,000 people at TSYS has pleaded guilty. Drew Johnson pleaded guilty to Unlawful Transfer and Possession or Use of a Means of Identification this morning at the federal courthouse in Columbus. The 26-year-old…
South Korea regulator reaffirms harsher measures against card firms over data leak
Yonhap News reports that in addition to some stiff penalties imposed by its financial regulator on credit card firms who suffered data leaks, the government continues to look at ways to strengthen the protection of private data: In a report to the parliament, FSC chairman Shin Je-yun said the regulator plans to suspend the card…
TX: Seven Metroplex Residents Charged In ID Theft Conspiracy
A total of seven metroplex residents have been charged in a 13-count superseding indictment, with various offenses related to an identity theft scheme they ran from October 2009 to July 2013, announced U.S. Attorney Sarah R. Saldaña of the Northern District of Texas. In addition to each being charged with one count of conspiracy to…