A personal data breach at the former Anglo Irish Bank has seen letters and payments sent to the wrong people with dozens of current and former employees at the liquidated bank affected. The special liquidators at the Irish Bank Resolution Corporation (IBRC), KPMG, have confirmed a personal data breach involving cheques that were “misdirected” to…
Category: Financial Sector
Lutz Otte, German IT specialist employed by Julius Baer, sentenced to 3 years for Swiss data theft
Oliver Hirt reports on sentencing in a 2011 breach reported previously on this blog: A Swiss court on Thursday sentenced a 54-year-old computer specialist to three years in jail for selling client data from Swiss bank Julius Baer to the German tax authorities, after the man agreed a plea deal with prosecutors. […] Otte sent…
TW: Local bank fined over online security breach
Stacy Wu and Jay Chen report: CTBC Bank, one of Taiwan’s top financial institutions, was fined NT$4 million (US$134,000) Thursday for accidentally leaking the personal information of some 33,000 of its e-banking customers. The error allowed the average Internet user to view confidential data, intended for CTBC Bank staff only, for an undisclosed period of…
Banking information for City of Nanaimo customers safe from big security breach
Darrell Bellaart reports: The City of Nanaimo says customer banking information is safe from a security breach that affected other municipalities that use the same online bill-paying software. On Friday, the city learned about a cyber-threat to an application used to power web applications for online billing, licensing and tax statements. The threat could result…
Yep, let’s just keep discarding sensitive info…
WPMI reports from Alabama on what they found when they went dumpster diving at about a dozen title loan and cash advance businesses in the Mobile, Alabama area: In the dumpster out front of Alabama Title Loans on busy Springhill Avenue, I found dozens of documents, not shredded, and all full of personal information. “Here’s…
Bank of Scotland receives £75K penalty after three year fax blunders
The Information Commissioner’s Office (ICO) has served the Bank of Scotland with a monetary penalty of £75,000 after customers’ account details were repeatedly faxed to the wrong recipients. The information included payslips, bank statements, account details and mortgage applications, along with customers’ names, addresses and contact details. The documents were faxed over a three year period, with the…