Capital One will pay $190 million to resolve claims it jeopardized customer information in a 2019 data breach. The settlement benefits around 98 million Capital One customers whose information was compromised as part of the 2019 data breach. Read more at TopClassActions. This settlement is separate from the $80million penalty Capital One was fined in…
Category: Financial Sector
Ph: BSP sanctions BDO, UBP over December hacking incident
CNN Philippines reports: The Bangko Sentral ng Pilipinas (BSP) on Thursday announced it will sanction BDO Unibank and the Union Bank of the Philippines over the hundreds of unauthorized bank transfers last December. The BSP said its monetary board arrived at the decision following the conclusion of its investigation into the hacking incident. CNN Philippines…
Iranian Hackers Claim They’ve Hit the Bank of Israel – but ‘No Proof,’ Cyber Authority Says
Oded Yaron reports: A group of hackers purportedly linked to Iran said on Monday that they had succeeded in hacking into the system used to transfer money between Israeli banks and through it entered into people’s personal accounts. However, Israel’s National Cyber Directorate and the Bank of Israel, which operates the network, said they found…
Big Coral Gables mortgage servicer hit by data breach, exposing clients’ personal information
Andres Viglucci reports: One of the country’s largest mortgage servicers, a company based in Coral Gables, has reported what appears to be a significant data breach to customers three months after discovering it, prompting two separate federal lawsuits. In a letter to customers dated March 18, Lakeview Loan Servicing said it had uncovered “a security…
Bank of Ireland fined €463,000 for data breaches
Brian O’Donovan reports: Bank of Ireland has been fined €463,000 by the Data Protection Commission for data breaches affecting more than 50,000 customers. It follows an inquiry into 22 personal data breach notifications that Bank of Ireland made to the Commission between 9 November 2018 and 27 June 2019. One of the data breach notifications…
Thousands Of Indians Exposed In Data Breach Affecting Money Lending App CashMama
Bharat Sharma reports: Personal information of hundreds of thousands of Indians was recently leaked, revealing details such as full names, dates of birth, home addresses, national IDs, and much more. The data breach was discovered by Safety Detectives and affected users of CashMama, a now-defunct money lending platform based in India. CashMama’s S3 bucket (a…