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Category: Financial Sector

Hacked Federal Reserve Network Was Test-only

Posted on November 19, 2010 by Dissent

Robert McMillan reports: A June 2010 hacking incident that compromised a network at the Federal Reserve Bank of Cleveland happened on a test system and not the bank’s production servers…. According to Gates, the hacker managed to break into a single Fed test PC that was connected to other test computers. “This is a system…

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Malaysian National Indicted for Hacking into Federal Reserve Bank

Posted on November 18, 2010 by Dissent

The Dept. of Justice issued the following press release about a case noted earlier today on this blog: Defendant’s Criminal Activities Extended to the National Security Sector A four-count indictment was returned by a federal grand jury in Brooklyn today charging Lin Mun Poo, a resident and citizen of Malaysia, with hacking into a computer…

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Federal Reserve Hacker Steals 400,000 Credit Card Numbers: Feds

Posted on November 18, 2010 by Dissent

Jonathan Dienst reports: A Malaysian man hacked his way into the Federal Reserve Bank’s computers in Cleveland and also had more than 400,000 stolen credit card numbers when Secret Service agents finally caught up with him, federal prosecutors said. Lin Mun Poo was arrested at John F. Kennedy Airport last month as he traveled to…

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New TD Ameritrade data theft settlement offers $50-$2,500 for ID theft in breach

Posted on November 16, 2010 by Dissent

Associated Press reports: Online brokerage TD Ameritrade (Nasdaq:AMTD) will offer up to $2,500 to each of the more than six million current and former customers affected by the theft of their contact information more than three years ago. But the proposed settlement, which will cost between $2.5 million and $6.5 million, still must be approved…

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Monadnock Community Bank notifies customers of third party breach

Posted on November 16, 2010 by Dissent

Monadnock Community Bank, who reported a somewhat strange situation to the New Hampshire Attorney General’s Office in September, filed another breach report this month. According to its letter dated November 9, MCB’s card processor notified it that an unnamed third party payment service provider’s network had a data breach involving customer information, including debit card…

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Two Bulgarian nationals charged in alleged ATM skimming scheme

Posted on October 27, 2010 by Dissent

The Associated Press reports that authorities in New Jersey have charged two Bulgarian men with scanning personal information from ATM machines and withdrawing more than $200,000 from customers’ accounts. Lachezar Lazarov and Georgi Nikiforov appeared in federal court in Newark on Tuesday and were ordered held without bail…. They are accused of installing devices on…

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