ElectraCard Services was one of two payment processors in India named in conjunction with that massive $45M cyberheist. The other one is reportedly EnStage, Inc. Read more on ManoramaOnline.com.
Category: Financial Sector
Indian card processor in $45 million heist is ElectraCard Services – Reuter sources
Dinesh Nair and Jessica Dye of Reuters report that one of the card processors whose security was breached in a $45 million global cyber heist was India’s ElectraCard Services. No one has confirmed that officially, however, as the sources spoke on condition of anonymity. You can read the Reuter’s exclusive coverage here.
Privacy Breach on Bloomberg’s Data Terminals
Amy Chozik and Ben Protess report on what the NYT calls a privacy breach, but is also a security breach, in my opinion: A shudder went through Wall Street on Friday after the revelation that Bloomberg News reporters had extracted subscribers’ private information through the company’s ubiquitous data terminals to break news. The company confirmed…
US Charges Eight in $45 Million Cybercrime Scheme
This will be one for the books… and Hollywoood spinoffs. Jessica Dye and Jim Finkle of Reuters report: The government charged eight people with using data obtained by hacking into two credit card processors in a worldwide scheme that netted some $45 million within hours, a crime prosecutors described as one of the biggest bank…
Tomren Wealth Management notifies clients of server compromise; access to client data uncertain
Tomren Wealth Management sent out notification letters recent following a server breach that occurred between February 21 and March 6, when the intrusion was discovered. “The forensic examiners found spamming software was loaded onto the machine in a failed attempt to send out ‘junk” spam emails, however, we have been unable to determine whether the…
Two years after a vendor is hacked, OneWest Bank notifies customers
OneWest Bank has been notifying customers of a breach that occurred back in 2011. According to their letter, a copy of which they submitted to California under the state’s breach reporting requirements, the bank recently learned that one of our service providers, was the victim of an illegal and unauthorized intrusion into its network (“Network…