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Category: Financial Sector

IL: CEFCU warns of possible security breach (Update2)

Posted on November 15, 2011 by Dissent

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…

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Fannie Mae notifies 1,100 of a security breach – but it’s a puzzlement

Posted on November 9, 2011 by Dissent

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…

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(update) Federal Reserve Bank hacker gets 10 year sentence

Posted on November 5, 2011 by Dissent

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…

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Wells Fargo manager, Best Buy clerk charged with stealing identities of 9 people

Posted on October 28, 2011 by Dissent

Sergio Bichao reports: Two former employees of a Wells Fargo bank in Warren and a Best Buy in Union are facing charges of stealing the identities of nine people to open fake credit cards and ring up more than $29,000 in purchases. Tinaud Garcon, 21, of Union in Union County, and Thomas Alexis, 30, of…

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SA: Banks to use Home Affairs fingerprint data

Posted on October 28, 2011 by Dissent

Sapa reports: Cape Town – The department of home affairs and the banking sector are collaborating on an online fingerprint verification model to curb identity-related fraud and corruption that is costing the economy millions of rands, cabinet spokesperson Jimmy Manyi said on Thursday. Speaking at the fortnightly post-cabinet briefing on Thursday, Manyi said: “This will…

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Korean hacker awaiting deportation

Posted on October 24, 2011 by Dissent

A Korean who hacked into a communication company’s database and downloaded data of its 40,000 customers is currently awaiting deportation to Seoul, the Bureau of Immigration said. Shin Un-sun, 37, has been apprehended last October 5 in a popular shopping center in San Juan City by the Philippine National Police Criminal Investigation and Detection Group…

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