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Category: Financial Sector

Paragon Benefits employee pleads guilty to stealing TSYS and Kelley Mfg. employee data

Posted on February 13, 2014 by Dissent

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…

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South Korea regulator reaffirms harsher measures against card firms over data leak

Posted on February 13, 2014 by Dissent

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…

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TX: Seven Metroplex Residents Charged In ID Theft Conspiracy

Posted on February 11, 2014 by Dissent

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…

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Bank of the West notifies former job applicants of data security breach (update2)

Posted on February 10, 2014 by Dissent

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…

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Barclays Bank probes ‘client data sold to rogue City traders’ breach

Posted on February 10, 2014 by Dissent

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…

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South Korean card firms suspended over data breach

Posted on February 3, 2014 by Dissent

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…

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