David Landes reports: Debit card information for tens of thousands of Swedish banking customers may have fallen into the wrong hands following a security breach at card manufacturers MasterCard and Visa. Computer systems at both card makers were breached recently, allowing hackers to get away with data on thousands of banking cards, the Aftonbladet newspaper…
Category: Financial Sector
Bank of Bermuda moves to protect customers after security breach
From the your-guess-is-as-good-as-mine dept, Amanda Dale reports: Several hundred Bank of Bermuda accounts were closed yesterday and cards cancelled as an overseas retailer reported a breach in customer security. Bank spokeswoman Susan Jackson said: “Bank of Bermuda received notification from Visa and MasterCard that an overseas vendor has been compromised and that a number of…
Two charged in superseding indictment for their roles in a $30 million bank fraud and ID theft ring
A Miami Beach, Fla., man and his driver were charged Thursday in a Superseding Indictment for their roles in a telemarketing fraud and identity theft scheme that attempted to defraud financial institutions and their account holders throughout the United States of millions of dollars through the unauthorized and fraudulent debit of customer bank accounts. Acting…
Police look into shredder bin theft
Linda Golz reports: Authorities are investigating the thefts this week of large bins used to store paper waiting to be shredded from three FirstMerit Bank branches in Streetsboro, Westlake and Elyria. […] FirstMerit spokesman Rob Townsend said just one of the stolen containers actually had customer and bank information in it. Townsend said he is…
MD bank dumps identities into trash
It’s a local bank you trust with your money and your personal information. But the M&T branch in Rodgers Forge didn’t shelter all of some peoples’ secrets. As ABC2 News Investigator Joce Sterman discovered, some of the documents that contain them didn’t get shredded, they got dumped. […] What the bank did was dump the…
US lawmakers ask JPMorgan Chase about data breach
Diane Bartz reports: Two lawmakers want JPMorgan Chase (JPM.N), the second largest U.S. bank by assets, to answer a few questions about how many customers were affected when a computer tape with their personal information was lost earlier this year. Representatives Joe Barton, the top Republican on the Energy and Commerce Committee, and George Radanovich,…