Dan Kaplan reports: A U.S. District Court judge in New Jersey has tossed out a class-action lawsuit filed by shareholders against Heartland Payment Systems, the credit card processor announced Wednesday. The judge granted Heartland’s motion to dismiss the action, which was filed in the wake of Heartland’s massive breach that was reported earlier this year,…
Category: Financial Sector
HSBC breach: France denies paying for stolen data
France has denied that it paid for what is claimed to be stolen information on suspected tax evaders with Swiss bank accounts. It comes after newspaper Le Parisien said part of list of some 3000 names, allegedly taken by an employee of HSBC’s private bank in Geneva, was being used by French tax authorities to…
Data stolen from HSBC in Switzerland: Bank
Data related to less than 10 clients was stolen from HSBC’s Swiss branch, the bank said on Wednesday, amid media reports that some names of alleged French tax evaders was obtained by France through theft. “HSBC Private bAnk (Suisse) SA confirms that an ex-employee, previously working for its IT-development group, stole data during a time…
Data breach by Anglo Irish Bank affects UK clients
From the BBC: The Belfast office of Anglo Irish Bank is at the centre of an investigation after it accidentally released information on 500 UK customers. A bank executive emailed a Northern Ireland client a spreadsheet containing details of derivatives transactions carried out on behalf of the customers. The bank has informed financial regulators in…
MI: Possible security breach at Flagstar
WOOD-TV reports: There is the possibility of a security breach at Flagstar Bank, according to a letter it sent out to some customers Nov. 25. A laptop owned by a bank vendor was stolen, and inside the computer were some customers’ social security numbers. “We have no reason to believe that the files with this…
HSBC exposed sensitive bankruptcy data
Robert McMillan reports: HSBC Bank says a bug in its imaging software inadvertently exposed sensitive data about some of its customers going through bankruptcy proceedings. In notification letters made public Thursday, the bank said it had redacted sensitive information in Chapter 13 bankruptcy proof-of-claim forms that were filed electronically, but that the information turned out…