A Bulgarian native and Queens, N.Y., resident admitted to a scheme to steal account information from bank customers by installing secret recording devices on ATMs in Nutley and Belleville, N.J., U.S. Attorney Paul J. Fishman announced. Georgi Nikiforov, 25, pleaded guilty in Newark federal court to an Information charging him with one count of conspiracy…
Category: Financial Sector
DA Announces Bust of Brooklyn-Based Identity Theft, Check Forgery Ring
Authorities announced the bust of a Brooklyn-based identity theft ring that stole personal information of customers at various banks, using it to create and cash fake checks. In one case a bank worker was even involved in the scheme, according to the DA. Manhattan District Attorney Cyrus Vance said 28 people were indicted Wednesday in…
BofA Breach: ‘A Big, Scary Story’
Tracy Kitten reports: An internal breach at U.S. financial giant Bank of America shows how some corporations do not focus enough attention on mitigating internal fraud risks. According to news reports, a BofA employee with access to accountholder information allegedly leaked personally identifiable information such as names, addresses, Social Security numbers, phone numbers, bank account…
MA: HarborOne says 800 people affected by breach at Randolph branch
John Chesto reports: The assailant who attacked a courier on May 9 at the HarborOne Credit Union branch in Randolph didn’t end up getting any cash. But the attacker did end up with some sensitive information that was in a courier bag. That’s why the credit union sent out letters this week to about 800…
Kr: Hacker steals customer data from small brokerage
An unidentified hacker has broken into the computer system of a small South Korean brokerage house to steal the firm’s customer data, the financial regulator said Thursday, adding concerns over financial firms’ computer security maintenance. The Financial Supervisory Service (FSS) said the hacker infiltrated the computer server of Leading Investment & Securities Co. and stole…
(follow-up) Kr: Regulator plans to discipline Hyundai Capital over hacking
A Hyundai Capital data breach disclosed in April is resulting in consequences from South Korea’s financial regulator. Yonhap News Agency reports: South Korea’s financial regulator decided Wednesday to punish Hyundai Capital Services Inc. for lax computer system maintenance, which led to a major hacking attack at the biggest local consumer finance firm. The Financial Supervisory…