Stephen Foley comments in The Independent on the recent CitiGroup breach and tries to prevent kneejerk reactions. He writes, in part: […] There have been 288 publicly disclosed breaches of financial services companies’ computer systems, according to the Identity Theft Resource Centre, and 83 million customer records compromised. That would suggest that, even if you…
Category: Financial Sector
Citibank confirms hacking attack
Hackers have stolen data from thousands of Citibank customers in the US, the bank has confirmed. The breach exposed the names of customers, account numbers and contact information. But other key data, such as date of birth and card security codes were not compromised, the bank said in a statement. Citigroup is the latest in…
MN: Three sentenced for stealing identities, obtaining more than $150,000 from victims
Last Friday in federal court, a 34-year-old Maplewood woman was sentenced for her role in a scheme that was using the names and personal identification information of others on fraudulent checks resulting in a total attempted loss of more than $300,000. United States District Court Judge David S. Doty sentenced Nou Thao to time already…
Scotiabank loses CDs with customer bank accounts, social insurance numbers
Mary Gazze of The Canadian Press reports: Scotiabank says it will use digital locks on data discs after three CDs containing unencrypted information, such as customer social insurance and account numbers, were lost in its internal mail system. The bank said a “small percentage” of customers are affected, but it is warning clients as a…
Financial data stealing Malware now on Amazon Web Services Cloud
Dmitry Bestuzhev of Kaspersky writes: There were some recent comments about Amazon Cloud as a platform for successful attacks on Sony… Well, today I found that Amazon Web services (Cloud) now is being used to spread financial data stealers. The evidence indicates that the criminals behind the attack are from Brazil and they used several…
Global Financial Aid Services reports a completely avoidable security breach
For those who remember the Peter, Paul, and Mary song, feel free to sing along with me: “When will they ever learn? Oh when will they ever learn?” Global Financial Aid Services of Gulfport, Mississippi recently notified the New Hampshire Attorney General’s Office that a laptop containing unencrypted student names, addresses, and Social Security Numbers…