David Navetta provides a legal analysis of the court’s denial of the bank’s motion for summary judgment in the case. An odd result — we know. We previously reported on the lawsuit filed by Experi-Metal, Inc. (“EMI”) and the subsequent motion for summary judgment (and briefs) filed by Comerica Bank to have the case dismissed….
Category: Financial Sector
Insider wrongdoing at StoresOnline just one of breach reports to Maryland
The Maryland Attorney General’s Office received 14 breach reports in April. Three of them revealed breaches not previously covered in the media or on this site, and a few others provided new numbers or details on breaches we already knew about. Newly revealed: Utah-based StoresOnline reported that an employee misused the credit card information of…
More breaches reported to Maryland that we didn’t know about
In response to a Freedom of Information request, Maryland Attorney General’s Office sent me the 14 breach reports they received in March of this year. Of the 14, six were never previously reported on this site and four others gave us breach reports for incidents that we were aware of but had few details for:…
Four sentenced in NJ for their role in $30 million international bank fraud and ID theft ring
Four of 17 defendants, all of whom were convicted of conspiring to engage in an international telemarketing and identity theft scheme to defraud financial institutions and tens of thousands of account holders out of millions of dollars through the unauthorized debit of customer bank accounts (the “Telemarketing and Identity Theft Conspiracy”), were sentenced by United…
UK: Hackers steal from thousands of bank accounts in latest security breach
More on the breach previously mentioned in another blog entry. Victims at one bank have lost between £1,000 and £3,000 each thanks to a ‘trojan horse’ program developed by the cyber criminals. The name of the high street bank has yet to be released as the information has just been handed to the police. The…
Tuesday’s batch of newly uncovered breaches
In response to my Freedom of Information request, I received a batch of 15 breach reports received in February by the Maryland Attorney General’s Office. Of the 15, five of them were news to me: M&T Bank reported that an individual walked into their Pikesville branch and while talking with a branch manager, removed another…