The Variable Annuity Life Insurance Company (VALIC) is notifying customers of what appears to be an old security lapse. In a letter template submitted yesterday to the California Attorney General, the firm writes: It recently came to our attention that a financial advisor formerly associated with VALIC was in possession of information relating to some of…
Category: Financial Sector
KR: Hackers arrested over data leakage
Choi Mo-Ran reports: Authorities said yesterday that they have arrested three hackers suspected of leaking the personal data of 17 million people from 225 websites. The Incheon Metropolitan Police Agency announced yesterday that it had arrested the trio, who stole personal data from Korean websites and sold it to loan lenders and chauffeur service companies…
KR: Standing committee passes ‘Privacy Act’ to beef up regulations on personal data
Connie reports: To strengthen regulations on protecting personal information following a recent data leak by credit card companies here in Korea a new privacy protection bill is moving through the National Assembly. The bill, passed Wednesday by the Security and Public Administration standing committee, would require financial institutions and other public companies to use encrypted…
Ie: BoI customers hit as skimmers hack into their current accounts
The Independent reports: GARDA investigation is under way after hundreds of Bank of Ireland (BoI) customers had their accounts skimmed in two branches over the weekend. Customers in two BoI branches in Graiguenamanagh, Co Kilkenny, and in Borris, Co Carlow, had their current accounts accessed from the United States over a three-day period in a scamming operation…
OR: Office landlord fined after trashing mortgage records in course of eviction
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…
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…