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Category: Financial Sector

AU: St George distributes client emails

Posted on February 7, 2012 by Dissent

Leonie Lamont reports: St George Margin Lending services has shared the email addresses of some 500 of its clients with other clients in a mass email sent out by the bank. A copy of the email, in which the addresses are contained, was sent to BusinessDay by one client. ‘‘Big privacy screw-up: It lists 500…

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E*Trade Securities signs undertaking after loss of over 600 customers’ data

Posted on February 3, 2012 by Dissent

From the Information Commissioner’s Office: A financial services company with operations in the UK, USA and Middle East breached the Data Protection Act by losing over 600 customers’ personal details, the Information Commissioner’s Office (ICO) said today. E*Trade Securities Ltd discovered that a large number of customer files were missing in April 2010 when they…

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Regions says employee 401k data lost when auditor Ernst & Young mailed flash drive and code key together

Posted on January 31, 2012 by Dissent

Russell Hubbard reports: Personal information about Regions Financial Corp. current and former employees was lost in November when a flash drive with the data came up missing after being mailed by outside auditor Ernst & Young in the same envelope as the decryption code. Read more on al.com.

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Euronet faces first criminal computer breach of secure payment data

Posted on January 24, 2012 by Dissent

Alyson Raletz reports: Euronet Worldwide Inc., a Leawood company that provides secure payment services, has reported a criminal computer security breach. Euronet (Nasdaq: EEFT) said the breach targeted a “small portion” of its European business in late 2011, according a Monday filing with the Securities and Exchange Commission. Read more on Kansas City Business Journal.

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AU: Security leak sees ANZ pull down cyber shutters

Posted on January 11, 2012 by Dissent

Another self-inflicted problem associated with restoring services, it seems. Natasha Bita reports: Bank customers have been sent strangers’ account details by mistake in a cyber security breach under investigation by the Privacy Commissioner. ANZ Bank has shut down its online bank statement service indefinitely after customers were given the wrong account statements this week. An…

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Personal information of millions of Vietnamese offered for sale

Posted on January 5, 2012 by Dissent

VietNam reportedly has its first case of prosecuting individuals for selling personal information: Three men in HCM City, including Duong Hong Le, Le Minh Trung and Hua Van Tuan, are accused of illegally collecting phone numbers and personal information of millions of people who are clients at securities and real estate trading companies–to sale, earning…

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