Brian Krebs has more on the Global Payments breach and how it fueled prepaid card fraud. You can read his report on Krebs on Security.
Category: Financial Sector
OR: Former Bank Manager Guilty of Identity Theft, Bank Fraud
Another insider breach involving bank personnel: Randy Arlan Mainwaring, 41, former manager of the Thurston Branch of Key Bank in Springfield, Oregon, pled guilty to identity theft and bank fraud in federal court Monday. He is scheduled to be sentenced on July 17, 2012 before U.S. District Judge Michael R. Hogan. In pleading guilty, Mainwaring…
TX: Former Capital One Bank employee pleads guilty in ID theft scheme
Jamal Gerard Mose-Burrel, 22, of Houston, entered a guilty plea to conspiracy to commit bank fraud and aggravated identity theft last week. Mose-Burrel, who formerly worked for Capital One Bank, admitted that he used Capital One Bank systems to provide a co-conspirator identified only as “T.J.” with the personal information and bank account information of…
Hackers demand EUR150K ‘idiot tax’ from Dexia in return for stolen customer data
A group claiming to have hacked a Dexia Bank subsidiary’s database is threatening to post sensitive customer information unless it receives an “idiot tax” of EUR150,000 by Friday. In a pastebin statement addressed to the media, the unnamed group says it has “downloaded extensive confidential customer information” from servers belonging to Elantis, a mortgage and consumer credit…
Global Payments breach went on for at least 8 months – revised estimate
Brian Krebs has an update on the Global Payments breach: A hacker break-in at credit and debit card processor Global Payments Inc. dates back to at least early June 2011, Visa and MasterCard warned in updated alerts sent to card-issuing banks in the past week. The disclosures offer the first additional details about the length of the breach since Global Payments…
Computer specialist who had warned Iranian banks about vulnerability, hacks and dumps 3 million accounts to make his point
Is it just me, or have these folks missed the point? From The Tehran Times: A computer specialist, who used to work for a PSP (payment service provider) company which offers a number of Iranian banks services for accepting electronic payments, has hacked accounts of three million bank customers to show the vulnerability of the…