Nathan Gorenstein reports: A identity theft ring allegedly stole $1.3 million by persuading bank employees to provide customer information, federal officials said today. One man allegedly romanced a number of bank tellers, investigators said at a press conference. Five people were indicted on federal charges, officials said. The ring involved more than 20 people. […]…
Category: Financial Sector
Two major German websites report data theft
AP/Reuters reports two data breaches out of Germany: SchülerVZ, an online forum for German teenagers and high school students, has said it has identified the person it suspects of stealing the data, which include the name, age, school, gender, and photo of thousands of users. A more serious breach involves the names, client numbers, addresses,…
Files with personal data found in trash bins
Mike Salinero and Peter Barnard report: Hundred of files containing personal information such as names, addresses and Social Security numbers were found Saturday in metal trash bins at two locations in North Tampa. Claudia Dozier, proprietor of Hair Visions Salon, found the first batch of files when she was taking garbage out behind her business….
Retail sales associates sentenced for role in credit card, bank fraud
Four men from Atlanta Georgia were sentenced this week by United States District Judge Orinda D. Evans on charges of bank fraud, credit card fraud and aggravated identity theft. “In this case two sales associates who worked for retail establishments assisted others in committing credit card fraud,” said Acting United States Attorney Sally Quillian Yates….
PayChoice Suffers Another Data Breach
Brian Krebs reports: Payroll services provider PayChoice took its Web-based service offline for the second time in a month on Wednesday in response to yet another data breach caused by hackers. Moorestown, N.J. based PayChoice, provides direct payroll processing services and licenses its online employee payroll management product to at least 240 other payroll processing…
London cyber criminals face jail over Natwest fraud
Asavin Wattanajantra reports: London-based cyber criminals face jail after siphoning off £600,000 from bank customers with a trojan virus. According to a report in the West Sussex County Times, the criminals used a trojan to infected computers, which waited until a user logged onto an account and then slithered its way into online cash transfer…