Frank Jordans of Associated Press reports: A Swiss banker who claims to have handed WikiLeaks details of rich tax evaders has been found guilty of coercion and breaking Switzerland’s strict banking secrecy laws. A judge at Zurich’s Regional Court has sentenced Rudolf Elmer to a fine of over 6,000 Swiss francs ($6,000). Elmer claimed at…
Category: Financial Sector
More affected by Pentagon Federal CU breach than originally thought
The Pentagon Federal Credit Union malware-related breach, first reported on this blog on Jan. 6, has an update. According to a supplementary letter to the New Hampshire Attorney General’s Office filed by their lawyers on January 11, the breach affected 674 residents of New Hampshire, not 514. Does anyone know the total for this breach?…
Sg: DBS Bank employee sold customer data to ease financial woes
Faced with financial problems, a bank executive sold customers’ confidential details to several buyers, including an illegal moneylender, a court heard yesterday. In return, Sazaly Selamat, who worked for DBS Bank, was paid a total of $2,625. Yesterday, the 40-year-old pleaded guilty to seven charges of corruption and two of computer misuse. He was authorised…
Malware snags Pentagon Federal CU member’s SSN and data
Through its lawyers, Pentagon Federal Credit Union (PenFed) has notified the New Hampshire Attorney General’s Office of a security breach. According to a letter sent to the state on December 30, on December 12, PenFed discovered that a laptop had been infected with malware. The compromise allowed access to a database containing names, addresses, Social…
Keylogger captured Sovereign Bank customer data
By letter dated December 22, Sovereign Bank’s Chief Privacy Officer notified the New Hampshire Attorney General’s Office of a security breach: On October 15, Sovereign Bank… became of aware of unusual activity based on IP traffic. Upon discovery of the issue, the Bank launched an investigation, and performed due diligence which was completed on December…
ID thieves zero in on home equity lines of credit
Dan Browning reports: Burnsville resident Mike Calcutt says he was stunned last March when he learned that someone had run up nearly $90,000 in unauthorized charges on his home equity line of credit account at Affinity Plus Federal Credit Union. His shock turned to anger when the credit union informed him that he’d have to…