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Category: Financial Sector

TW: Local bank fined over online security breach

Posted on August 22, 2013 by Dissent

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…

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Banking information for City of Nanaimo customers safe from big security breach

Posted on August 8, 2013 by Dissent

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…

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Yep, let’s just keep discarding sensitive info…

Posted on August 6, 2013 by Dissent

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…

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Bank of Scotland receives £75K penalty after three year fax blunders

Posted on August 5, 2013 by Dissent

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…

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Employees of five client firms notified by Fidelity Investments that their data were exposed to the wrong parties

Posted on July 31, 2013 by Dissent

Fidelity Investments has reported a number of breaches this year, all involving exposure of information to the wrong people: On June 17, Fidelity notified the NH Attorney General’s Office that information (names and Social Security numbers) of  Apria Healthcare plan members was accidentally included in a secure email sent to three employees of another client…

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Redaction #FAIL: Software glitch Exposed Data on 150,000 Citi Customers in Bankruptcy Court Filings

Posted on July 22, 2013 by Dissent

Sean Sposito reports: In a case that could serve as a warning to other banks that contribute customer data to public storehouses, Citigroup this week acknowledged that it failed to safeguard the personal information — Social Security numbers, birth dates and other sensitive data — of nearly 150,000 consumers who went into bankruptcy between 2007…

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