Ray Wert reports on Jalopnik that Bank of America’s online banking system experienced a security breach or glitch that enabled logged in users to see other people’s accounts: Someone very close to me called moments ago and told me that when she logged into her Bank of America account earlier this evening she saw, rather…
Category: Financial Sector
Follow-up to RBS Breach: Russian hacker admits guilt in $10 million cyber theft x
Reuters reports: A Russian man has pleaded guilty in court to stealing $10 million from former Royal Bank of Scotland division World Pay in 2008 by hacking into accounts, RIA News reported on Monday. Investigators said 27-year-old Yevgeny Anikin was a member of an international hacking ring that copied client account information and boosted the…
Credit Report Resellers Settle FTC Charges; Security Failures Allowed Hackers to Access Consumers’ Personal Information
As part of the Federal Trade Commission’s ongoing campaign to protect consumers’ personal information, three companies whose business is reselling consumers’ credit reports have agreed to settle FTC charges that they did not take reasonable steps to protect consumers’ personal information, failures that allowed computer hackers to access that data. The settlements require the companies…
CA: Three arrested for credit card fraud
San Luis Obispo Police arrested three people who allegedly stole $58,000 from at least 100 people by strategically placing small cameras and card readers at several county banks. For several months, police have been investigating local credit card skimming operations. On January 13, a Chase Bank investigator told police he had captured video images of…
Swiss banker who gave WikiLeaks tax evader files escapes jail time for breaking bank secrecy laws
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…
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?…