On November 13, media reported that about 300 people in Lake Saint Louis, Missouri had become victims of credit card fraud. The next day, media reported that the source of the stolen data may have been an ATM skimmer. And on November 22, media reported that two suspects had been apprehended in Omaha on November…
Category: Financial Sector
NZ: Bank’s embarrassing privacy breach
Rob Kidd reports: ANZ has been left red-faced over a major privacy breach after it inadvertently sent bank statements for customers’ accounts containing hundreds of thousands of dollars to a two-year old boy. The bank botch saw Whangarei toddler Joel Morrison sent a pile of other people’s account statements, all of which contained considerably more…
JPMorgan Chase & Co. explains delay in notifying Connecticut about online security breach
JPMorgan Chase has attempted to explain the delay in notification to Connecticut, but at least one Connecticut official is not satisfied. Ed Jacovino reports: JPMorgan Chase & Co. says it waited to determine what information could have been involved in an online security breach before telling officials this week that people with state-issued debit cards…
JPMorgan Chase breach update: pile on…
The JPMorgan Chase Ucard breach reported previously on this blog affects residents of numerous states. As such, not only do I expect to see lawsuits filed, but state attorneys general will likely jump into the act to protect their respective residents. Did JPMorgan Chase promptly notify their residents and are they offering enough remediation and…
StanChart client data stolen in Singapore via Fuji Xerox server
Ryan Huang reports: Bank statements belonging to hundreds of Standard Chartered‘s richest customers were found to have been stolen from a server at Fuji Xerox Singapore, the third party where printing was outsourced. The unauthorized access only came to light after files containing the data were found on a laptop, belonging to the recently arrested…
NJ: 8 indicted for allegedly participating in identity theft ring at TD Bank
Joe Coohey reports: Eight people, including a former bank teller, were charged Thursday with participating in an identity theft ring that used account information stolen from customers of Cherry Hill-based TD Bank, said acting Attorney General John J. Hoffman. The group is accused of stealing more than $150,000 from bank branch offices in South Jersey….