Jeremy Kirk reports the latest twist in a long-running lawsuit by a construction firm against its bank over fraudulent wire transfers: A U.S. construction company may stand a greater chance of recovering some of the $345,000 it lost in fraudulent wire transfers that it blames on poor online banking practices of its bank. Patco…
Category: Financial Sector
Hackers grab customer data, demand cash from payday lender
Elinor Mills reports: Hackers have released consumer data stolen from an online loan provider, after the company refused to pay an extortion fee. “On June 12, AmeriCash Advance received a fax, telling us that part of our Web site had been hacked. The letter went on to demand initial payment of $15,000 from us,” AmeriCash Advance, an…
Should we send in CSI to figure out the source of a data dump?
Here’s a great example of the perils in trying to report on hacks or breaches disclosed on Twitter or Pastebin. A hacker who self-identified as Reckz0r initially claimed to have hacked Visa and MasterCard and to have dumped 50GB worth of data (without credit card numbers). I had my doubts, and wasn’t surprised to read…
Intuit Financial Services warns customers that email sent via VerticalResponse contained malicious code
Malware-laden email from Intuit Financial Services has been reported, but how did this happen? The following was submitted to DataBreaches.net by a reader: From: Intuit Financial Services Sent: Thursday, June 14, 2012 11:29 PM To: IFS Clients Subject: Innovation Conference email issue – June 14 Earlier today you received an email from [email protected] with the subject…
Bethpage Federal Credit Union details data breach
Human error strikes again. Claude Solnik reports: Bethpage Federal Credit Union on Tuesday said personal information of 86,000 consumer VISA debit card accounts had been exposed on the Internet. The company said an employee on May 3 posted data on a file transfer protocol site that the employee believed to be secure. But Bethpage Federal later…
AU: Privacy Commissioner finds Act breached by super fund
ABC (AU) reports an update on a situation previously mentioned on this blog where simple url manipulation exposed information: A superannuation company that allowed the private details of its customers to be leaked online has been found to have breached the Privacy Act. In September last year, a flaw was discovered in First State Super’s computer systems,…