As Brian Krebs made us all aware earlier today, Visa and MasterCard have been notifying financial institutions about a payment processor breach that may affect millions of people. For those who are relatively new to these things, this is not a breach at Visa or MasterCard. It appears to be a breach at an as…
Category: Financial Sector
MasterCard, VISA Warn of Processor Breach
Brian Krebs reports: VISA and MasterCard are alerting banks across the country about a recent major breach at a U.S.-based credit card processor. Sources in the financial sector are calling the breach “massive,” and say it may involve more than 10 million compromised card numbers. Read more on KrebsonSecurity. As always, Brian is all over…
Armenian Power Member and Three Armenian Power Associates Convicted in Los Angeles for Roles in Identity Theft Ring
After a five week trial, four defendants have been convicted for their roles in one of the largest bank fraud and identity theft schemes in California history, with dozens of victims in four states and millions of dollars in losses. The convictions were announced by Assistant Attorney General Lanny A. Breuer of the Justice Department’s…
‘Indian call centres accused of selling Britons’ personal data for as little as two pence’
Deja vu all over again: Indian call centres are selling Britons’ confidential personal data, including credit card information, medical and financial records to criminals and marketing firms for as little as two pence, an undercover investigation has discovered. Two ‘consultants’, claiming to be IT workers at several call centres boasted of possesing 45 different sets…
MF Global clients’ details published by KPMG
Norma Cohen and Philip Stafford report: Private clients of MF Global reacted angrily on Wednesday to what several said was a severe breach of privacy, after KPMG, administrator to the UK arm of the failed futures broker, published their identities, home addresses and the sums owed to them. The list, which includes corporate and institutional clients from the…
DHI Mortgage notifies loan applicants of server breach (Update 4)
A reader sends along an e-mail he received DHI Mortgage in Texas: We have reason to believe that the integrity of your personal information may have been compromised due to a security breach of the DHI Mortgage Loan Prequalification Website. On the evening of Friday, February 10, 2012, DHI Mortgage became aware that a software security…