Because reputation is important and because I covered accusations by the SEC that their contractor, Financial Tracking Technologies, LLC, improperly disclosed staff personal stock account data to a subcontractor or subcontractors, it seems only right to publish FTT’s response denying the allegations: With respect to the notice that the SEC provided to employees, Financial Tracking…
Category: Financial Sector
Wells Fargo responds to breach report involving mail collation error
Wells Fargo sent DataBreaches.net the following statement about the breach reported in mainstream media earlier today: Some of our customers with accounts established in South Carolina and Florida may have received in error pages from other customer accounts in their September paper statements. (Note: Online accounts were unaffected by this error.) The error occurred due…
FL: Wells Fargo Customers Got Someone Else’s Financial Information (update 2)
Mike Lyons reports that a mailing error by Wells Fargo in Florida exposed customers’ bank account information to each other. Social Security numbers were not involved, but bank account numbers, balances, and transactions were. Ugh. Update: This may be a regional or national problem, as other parts of the country are also reporting complaints from…
In the wake of really bad press, First State Super walks back its threats against researcher
Some updates to the First State Superannuation breach reported previously: 1. First State will not be taking legal action against Patrick Webster, the customer and IT security expert who alerted them to the breach. 2. The Australian Privacy Commissioner will investigate the breach. 3. On October 19, First State issued a statement linked from their home…
UAE: Bank gaffe shows info of wealthy customers
Gregor Hunter reports: A bank blunder has revealed the personal email details of scores of HSBC’s high-income customers for the second time in two years. The security breach occurred after a mass email was sent on Sunday morning to 178 customers of HSBC Premier, the bank’s account level for high earners, advising them that it…
Update: Suspected hacker in Hyundai Capital incident arrested in Philippines
A suspected hacker wanted on suspicion of stealing customer data earlier this year from Hyundai Capital, an affiliate of South Korea’s top automaker, has recently been arrested in the Philippines, police here said Monday. The 35-year-old man, identified only by his surname Shin, allegedly broke into the computer system of the financial firm several times…