In the justice system: Richard J. Berger has been sentenced to for 13 months and ordered to repay about $130,000 after admitting that he illegally accessed insurance company computers at The Hartford and Sunlife Financial in a scheme to steal annuity clients. More. Julia Caldwell and Jacqueline Colbert, both Taco Bell of Laurel employees, have…
Category: Financial Sector
AL: Major Credit Card Security Breach, Thousands Affected
A major credit card security breach is affecting thousands of people tonight. We have confirmed several credit card companies are canceling accounts and issuing new credit and check cards. […] NBC 15 News contacted Visa to try to find out where the security breach happened.. A Visa representative told us: For security, the bank does…
Heartland, RBS WorldPay lawsuits consolidated
Dan Kaplan of SC Magazine reports that in separate judgments, the U.S. Judicial Panel on Multidistrict Litigation decided this week that lawsuits against Heartland will be heard in Texas, while action against RBS WorldPay will be moved to Georgia: “These actions share factual allegations concerning an electronic intrusion into Heartland’s processing system,” said the transfer…
Bits ‘n Pieces
In the justice system: Federal prosecutors in Virginia have leveled conspiracy and bank-fraud charges against the alleged leader and nine members of a national organization of high-tech pickpockets called “Cannon to the Wiz” that’s been the scourge of police around the country since at least early 2007. Personal info on over 120 victims was found…
Pointer: Commentaries on Merrick Bank v. Savvis
Last week, people started talking about a lawsuit first filed last year by Merrick Bank against Savvis Inc. The basis for the suit is that when Savvis audited CardSystems Solutions for compliance with the CISP security standards of the time, they gave them a clean bill of health. Merrick sued them after the breach, and…
Pointer: Judge backs Halifax in Chip and PIN clone case
John Leyden of The Register reports that Halifax Bank customer Alain Job has lost his lawuit against the bank in a case that ” put the security of Chip and PIN on trial.”