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Category: Financial Sector

TX: Former Capital One Bank employee pleads guilty in ID theft scheme

Posted on May 9, 2012 by Dissent

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…

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Hackers demand EUR150K ‘idiot tax’ from Dexia in return for stolen customer data

Posted on May 2, 2012 by Dissent

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…

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Global Payments breach went on for at least 8 months – revised estimate

Posted on May 1, 2012 by Dissent

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…

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Computer specialist who had warned Iranian banks about vulnerability, hacks and dumps 3 million accounts to make his point

Posted on April 16, 2012 by Dissent

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…

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Global Payments confirms data breach (Update 2)

Posted on March 30, 2012 by Dissent

After being named by the Wall Street Journal earlier today, Global Payments Inc. has issued a press release about the breach reported earlier today by Brian Krebs: Global Payments Inc, a leader in payment processing services, announced it identified and self-reported unauthorized access into a portion of its processing system. In early March 2012, the…

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Sources: Global Payments breached – Wall Street Journal

Posted on March 30, 2012 by Dissent

Robin Sidel and Andrew R. Johnson report: Global Payments Inc., which processes credit cards and debit cards for banks and merchants, has been hit by a security breach that has put some 50,000 cardholders at risk, according to people with knowledge of the situation. Read more on the Wall Street Journal. Global Payments has not…

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