David Henry reports: The Justice Department says it has busted an identity theft operation that cost a lot of people a lot of money. Investigators say 44-year-old Anthony Williams was the ring leader. A federal indictment charges him and 15 others with a massive identity theft operation that victimized hundreds of people over three years,…
Category: Financial Sector
Two suspects in Hyundai Capital hacking caught
Kim Tae-jong reports the latest in a breach involving Hyundai Capital reported previously on this blog: Police arrested two suspects Monday on charges of hacking Hyundai Capital’s database and blackmailing the company by threatening to release confidential customer financial information. A 40-year-old man, surnamed Huh, is thought to be the key figure who facilitated the…
Former AllianceBernstein employee indicted on charges of unauthorized access and duplication of computer files
Manhattan District Attorney Cyrus R. Vance, Jr., has announced the indictment of Peter Jan, 35, in connection with unauthorized access and duplication of computer files owned by AllianceBernstein Holding LP, a United States-based global investment firm. Jan, a former employee of AllianceBernstein, is charged with Computer Trespass, Unlawful Duplication of Computer Related Materials, and Grand…
Malaysian National Admits to Hacking into the Federal Reserve Bank of Cleveland, FedComp, and Others
Lin Mun Poo, 32, a resident and citizen of Malaysia, pleaded guilty this morning in federal court in Brooklyn to possessing stolen credit and debit card numbers. Poo also admitted that he compromised a computer server belonging to the Federal Reserve Bank, and that he installed a malicious code onto that server. According to the…
Hyundai Capital in South Korea to notify 420,000 customers of data breach; Financial watchdog opens investigation
Ju-min Park of Reuters reports: South Korea’s financial watchdog launched an investigation on Monday into the leak of personal information from South Korea’s Hyundai Capital, the consumer finance unit of Hyundai Motor Group, a Financial Supervisory Service official said. Hyundai Capital said personal information on about 420,000 of its 1.8 million customers was leaked when…
CT: Romanian admits role in ATM skimming scheme that defrauded People’s United Bank customers
Nadia Pasici, 49, a citizen of Romania residing in Middle Village, New York, pleaded guilty this week before United States District Judge Vanessa L. Bryant in Hartford to one count of conspiracy to commit bank fraud. The charge stems from Pasici’s participation in an ATM skimming scheme. According to court documents and statements made in…