Back in June, I mentioned a somewhat puzzling breach report from Suncoast Schools Federal Credit Union. But now there’s a second breach report involving the credit union. I wish the reporter had asked them if they are still sure that the breach they reported in June was Heartland-related or if perhaps it’s due to this…
Category: Financial Sector
eMoney Transfer Accounts Accessed
MoneyGram International has notified the Vermont Attorney General’s Office of a breach affecting some customers using MoneyGram Payment System’s eMoney Transfer system. According to the letter dated June 29, during routine security checks, the company discovered that some customers’ accounts had been accessed by unauthorized individuals. The company insists, however, that there was no security…
A Treasure Trove For Hackers
Forensics experts at the Dublin office of consultancy Ernst & Young have found evidence that prominent companies in Ireland are allowing home-based employees to download sensitive company and client data to their personal computers. Second-hand computer hard drives containing sensitive information – including hundreds of customer bank, Laser and credit-card account details, car registration information,…
JPN Considers Crackdown on Data Protection
A number of control failures at Japanese financial services firms, which occurred even after warnings were issued by the country’s regulators, has prompted Japan’s finance minister to suggest tougher enforcement penalties be introduced. In a recent speech, finance minister Kaoru Yosano said financial regulators might have to introduce tougher penalties for financial institutions that fail…
PRI Settles with Vermont AG
Payment Resources International, L.L.C. (PRI), a Newport Beach, California, company, will refund more than $18,000 to over 90 Vermont consumers and pay the State $30,000 to settle claims that it processed electronic debits (charges) from Vermonters’ bank accounts on behalf of telemarketers whose scripts were fraudulent or otherwise unlawful. Commenting on the settlement, one of…
Heartland Breach Affects OPFCU
And the impact of the Heartland Payment Systems breach continues: Having police officers around didn’t prevent this credit union from having to deal with a data breach. The Omaha Police Federal Credit Union is replacing 1,167 of its customers’ debit cards after being notified that the card numbers were among those involved in the data…