Tokyo police Thursday arrested a former manager at a brokerage who was fired for stealing personal data on nearly 1.5 million customers and selling some of the information to mailing list companies. Hideaki Kubo, 44, a former acting manager at Mitsubishi UFJ Securities Co.’s systems department, has admitted to the allegations of theft and illegal…
Category: Financial Sector
Analysis of Savvis’ Motion to Dismiss Lawsuit
David Navetta has written a clear and helpful analysis of Savvis’ motion to dismiss Merrick Bank’s lawsuit against Savvis, arising out of the CardSystems Solutions breach.
IN: Loan paperwork discovered in Mishawaka shopping center trash
Jim Meenan of South Bend Tribune reports that 80 files containing detailed personal and financial information on loan applications were found in a dumpster: There, right before his eyes, were files of loan applications, complete with names, Social Security numbers and even bank account numbers. Some files were thin, about 10 pages, others an inch…
Breach exposes debit card accounts at Suncoast Federal Credit Union to fraud
This story was first reported earlier this week, but I waited until there was confirmation that it was linked to the Heartland Payment Systems breach. This newest story provides more detail but still leaves some questions unanswered. Nicole Norfleet of the St. Petersburg Times reports: About 56,000 members of Suncoast Schools Federal Credit Union have…
Charles Schwab notified clients of hard drive theft
Investment firm Charles Schwab has notified (pdf) the New Hampshire Attorney General’s Office that in early May, “a computer hard drive containing client personal information, including Social Security number, name or account number was stolen. The computer hard drive had been taken off of Company premises, in violation of company policy, and was subsequently stolen….
An Odyssey of Fraud
Brian Krebs has a good article on Security Fix today: Andy Kordopatis is the proprietor of Odyssey Bar, a modest watering hole in Pocatello, Idaho, a few blocks away from Idaho State University. Most of his customers pay for their drinks with cash, but about three times a day he receives a phone call from…