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…
Category: Financial Sector
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….
Louisiana Agencies Notified of Breach Across Certain JPMorgan Chase Systems; Breach Not Confined to Louisiana (Update1)
Press release issued by Commissioner Kristy Nichols: BATON ROUGE – Commissioner Kristy Nichols announced that three Louisiana state agencies were notified by JP Morgan Chase today that a data breach may have exposed the personal information of certain Louisiana citizens. The Louisiana Department of Revenue (LDR), the Louisiana Workforce Commission (LWC), and the Louisiana Department…
HSBC offering customers credit monitoring services after rogue employee stole and misused their information
HSBC is offering some customers five years’ worth of free credit monitoring service after learning that a rogue employee had been improperly accessing customer information since early this year. The offer of extended services was for those who information had been accessed multiple times. Others were offered 1 year of free services. You can read…
How Germany’s taxman used stolen data to squeeze Switzerland
Edward Taylor, Matthias Inverardi and Mark Hosenball report: In the digital age, pen and paper are useful tools for intrigue. In 2007, Sina Lapour, an assistant to a private banker at Credit Suisse, hand-copied the names of potential tax evaders listed on two of the firm’s internal computer systems. By not downloading information, Lapour avoided…