Pamela McMahon reports on yet another case of identity theft for tax refund fraud in Florida. Tobin Lamar Lyon II has been sentenced to six years in federal prison for aggravated identity theft and wire fraud conspiracy. He was also ordered to pay restitution. Lyon, who was a service representative for Teachers Insurance and Annuity Association –…
Category: Financial Sector
CN: Alipay apologizes for data theft
Back in 2011, I posted several reports of massive hacks or insider data theft involving Chinese sites. One of the reports involved Alipay, which is Alibaba’s online payment system. At the time, Alipay would only confirm that IDs had been involved, but said it was only IDs. Today, I saw this on ECNS.cn: Alipay, the online…
SD: Former Citibank employee offered plea deal in ID theft case
The Argus Leader reports: A former Citibank employee accused of stealing customers’ identities has reached a plea agreement with federal prosecutors. Terri Jo Huber, 43, of Sioux Falls, was indicted on nine fraud-related counts in August, including bank fraud, identity theft, access device fraud and embezzlement.
Capital One notifies account holders of insider breach associated with fraudulent charges
Capital One is notifying some credit card customers that they may be at risk of fraudulent charges on their card. In a letter sent to those affected, Douglas Woodward, Vice President of Operations, writes: We believe that a former employee may have improperly accessed your account. While we don’t see any potential fraud on your…
Irish credit union gaffe exposed almost 5,000 customers’ loan information online
Ah, this report from December 24th slipped by me. Cormac Murphy reports: In a major blunder, the borrowing amounts, loan durations and arrears of 4,971 members of Tullamore Credit Union were made public. The private database became freely available via the lender’s website last week and remained accessible for at least two days, it is…
W.J. Bradley Mortgage Capital notifies clients after employee took their information to her new employer
Some companies shield others’ names in their breach notifications. Others are not averse to naming names. Consider this breach notification from W.J. Bradley Mortgage Capital: The purpose of this letter is to notify you of a breach of some personal information that you disclosed to W.J. Bradley Mortgage Capital, LLC (“WJB”) in connection with a…