Denae D’Arcy reports: A man made a disturbing find in North Knoxville Thursday evening. Hundreds, maybe thousands, of documents with personal information were dumped behind a shopping center. […] When a 6 News crew arrived at Fast Cash in a shopping center at 5100 Clinton Highway, they found documents scattered around a dumpster behind the…
Category: Financial Sector
Visa Warns of Fraud Attack from Criminal Group
Brian Krebs reports: Visa is warning financial institutions that it has received reliable intelligence that an organized criminal group plans to attempt to move large amounts of fraudulent payments through a merchant account in Eastern Europe, possibly as soon as this weekend. In an alert sent to banks, card issuers and processors this week, Visa…
Improper disposal of hundreds of loan applications raises security concerns
Roman Gokhman of the Contra Costa Times reports: The financial and personal details of about 300 property loan applicants were compromised when confidential documents were mistakenly tossed into an outdoor waste bin. The paperwork, belonging to FHG Finance, a home loan business at 548 Contra Costa Boulevard, was discarded last week by a cleaning crew…
Heartland Breach: Consumer Settlement Proposed
Linda McGlasson reports: A proposed settlement of the consumer class action suit brought against payments processor Heartland Payments System got preliminary approval from a U.S. District Court judge in late April. The proposed settlement would create a $4 million pool to pay consumers and settle the case. […] In a “fairness hearing” on April 27,…
(RBS follow-up) Ex-cop admits role in $4.2m ATM heist
Patsy Moy reports: Two Hong Kong men using fake bank cards produced by US-based hackers withdrew HK$4.2 million [USD $541,024.47 — Dissent] from various ATM machines in less than eight hours, the District Court heard yesterday. Cheung Hoi-wing, 40, a transport worker and former police officer, pleaded guilty to one count of conspiracy after admitting…
Scottrade sues hacker
Barbara Leonard reports: A Russian hacker broke into online brokerage accounts and stole hundreds of thousands of dollars from its customers in a “hack, pump and dump” scheme, Scottrade claims in Federal Court. Defendant Valery Maltsev responded in a statement that said, in part: “Scottrade investors didn’t even see that money were going away from…