Bonnie Barron reports that Heartland Payment Systems succeeded in getting a federal court judge to agree to dismiss most of the claims in a consolidated lawsuit filed by nine banks following a massive breach that affected millions of customers. Rosenthal granted the banks leave to amend the dismissed claims for breach of contract, breach of…
Category: Financial Sector
Jeanne D’Arc Credit Union notifies hundreds of insider breach – without telling them what happened?
USB ports are so convenient… and such a risk. Lowell, Massachusetts-based Jeanne D’Arc Credit Union recently notified the New Hampshire Attorney General’s Office of a breach that occurred when an employee voluntarily left her employ on December 27, 2010 and took some files with her on a USB drive. She reportedly planned to use the forms…
Transcend Capital reports stolen laptop contained client data
Austin, Texas-based Transcend Capital reports that a laptop stolen from their Dallas branch contained customers’ names, account numbers, and in some cases, Social Security numbers. By letter dated November 11, Transcend notified the New Hampshire Attorney General’s Office that an employee breached policy by not ensuring that his work laptop was encrypted or locked when…
IL: CEFCU warns of possible security breach (Update2)
Steve Tarter reports: The CEFCU credit union is contacting an unspecified number of its members about a possible security breach due to the theft of a laptop computer that contained some members’ names and account numbers. “We have to be careful. At this time, we have no evidence that any personal information on the laptop…
Fannie Mae notifies 1,100 of a security breach – but it’s a puzzlement
On October 28, Fannie Mae notified the New Hampshire Attorney General’s Office of a security incident involving personal information of over one thousand individuals. In their letter, they explain that in mid-October, they became aware that an employee may have been attempting to sell handwritten copies of the financial information of approximately 1,100 people. The…
(update) Federal Reserve Bank hacker gets 10 year sentence
Thom Weidlich reports: A Malaysian man who pleaded guilty to conducting a credit-card scheme and who was accused of hacking the Federal Reserve’s computers got a 10-year prison sentence. Lin Mun Poo, 32, was sentenced today by U.S. District Judge Dora L. Irizarry in Brooklyn, New York. In April, he pleaded guilty to illegally possessing…