Mike Bowersock of NBC4i reports that although a burglary at NCO Financial Systems, a collection agency in Dublin Ohio, was reported to the police, what was not reported was that client data, including Social Security numbers, was stolen. The allegation comes from two employees who reportedly told the news reporter that they do not want…
Category: Financial Sector
Judge considers giving final approval to TD Ameritrade settlement
Josh Funk of Associated Press reports: The settlement over contact information stolen from online brokerage TD Ameritrade Holding Corp. is nearing approval, but the more than 6 million current and former customers affected will have to wait a little while longer. A hearing on the settlement was held Thursday, but U.S. District Judge Vaughn Walker…
Chase notifies customers of lost storage tape
A reader emailed me yesterday asking about an incident involving Chase. When I looked into it, I found that there was an incident first reported early last month involving a backup tape stored at an unnamed secure off-site facility that could not be located. On digging some more, I found that the incident had local…
Heartland: Judge to Hear Motions to Dismiss Suits
Linda McGlasson of BankInfoSecurity.com updates us on the status of lawsuits against Heartland Payment Systems and Heartland’s motion to dismiss: There are two class action suits — one on the consumer side and the second on behalf of the financial institutions affected by the massive breach. Earlier in June, a Multidistrict Litigation (MDL) panel decided…
Nearly a dozen charged in counterfeit credit card scheme
Michelle Knoll reports: Prosecutors have charged eleven people in an elaborate, counterfeit credit card scheme. Eight of them are in custody. Federal investigators are still looking for the other three defendants. According to the criminal complaint, between July 2008 and April 2009 the group is accused of purchasing the personal information of Capitol One Bank…
NY: Discarded files: An ID nightmare
Karen O’Shea reports: Investigators probing the affairs of Jonathan Boxman, a former title-insurance agent who was arrested in July on charges he allegedly stole money from clients during the high-flying days of the real-estate boom, might want to look behind his onetime office building in a remote section of Charleston. That’s where hundreds of Boxman’s…