Karen Dillon reports that mortgage loan documents from Pulaski Bank that included applicants’ tax returns and other sensitive information were stolen from an unattended vehicle in September. The documents had reportedly been stolen from a loan official’s car while it was parked at a gym. This type of breach is certainly not new… I’ve been covering…
Category: Financial Sector
Za: PayGate confirms credit breach
Bianca Capazorio reports on a payment processor breach in South Africa that occurred back in August but is first being acknowledged this week by the firm, PayGate: The Payments Association of SA (Pasa) said on Friday that “the card data emanating from these online transactions seems to have been stored in a manner which does…
HSBC notifies customers after discovering former employee took customer data as a parting gift to himself
HSBC Bank USA National Association notified customers after an insider breach that occurred in July but was only posted to California‘s web site on October 30. It’s not totally clear to me when consumers were notified or when the state was. From the letter to those whose SSN’s weren’t involved: We recently became aware of an incident that…
Julius Bär data theft probe widens
World Radio Switzerland reports: Swiss prosecutors say they are now investigating three people in connection with the theft of data at Swiss private bank Julius Bär [Baer]. Until now, the only suspect who has been arrested, is a former employee of the bank. He is alleged to have sold a CD containing the stolen bank…
Former Personal Banker Pleads Guilty in Bank Fraud Case, Admits Sharing Personal Information of Account-Holders
LeRoy Brown, a former personal banker from Washington, D.C., pled guilty today to conspiracy to commit bank fraud for his role in an identity theft scheme involving $121,400 in forged checks, U.S. Attorney Ronald C. Machen Jr. announced. Brown, 32, pled guilty in the U.S. District Court for the District of Columbia. The Honorable John…
VSECU notifies consumers of missing backup tapes
TD Bank isn’t the only financial sector entity dealing with missing backup tapes these days. Vermont-based VSECU sent out notification letters yesterday after two unencrypted backup tapes created on August 27th were discovered missing on September 10. The tapes contained names, addresses, Social Security numbers, driver’s license numbers, financial account information, and transaction records. The credit union…