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…
Category: Financial Sector
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…
Bank of the West notifies former job applicants of data security breach (update2)
If you applied for a job at Bank of the West prior to December 19, 2013, your personal information, including your Social Security number, driver’s license number, and date of birth, may be in the hands of a hacker. The bank isn’t certain whether personal information was acquired by unauthorized individuals who were able to…
Barclays Bank probes ‘client data sold to rogue City traders’ breach
John Leyden reports: Barclays Bank has launched an investigation following a reported security breach involving thousands of confidential customer files. The Mail on Sunday took delivery of a memory stick containing personal details of 2,000 Barclays customers from a whistleblower. The files reportedly contained passport and national insurance details, as well as financial data, health and insurance…
South Korean card firms suspended over data breach
I remember the cheers at school football and basketball games, “We don’t mess around – HEY! We don’t mess around – HEY!” I thought of that while reading a news story this morning with a follow-up to a breach affecting 15-20 million South Korean credit card holders by a contractor’s employee: South Korean authorities have…
TD Bank reports another insider breach
TD Bank has notified the New Hampshire Attorney General’s Office of an insider breach that does not appear to be the insider breach that made the media last month. According to the bank’s January 24 notification, between July and November of 2013, an employee may have passed along some customers’ names, addresses, Social Security numbers,…