Ecommerce Journal reports that Ansir Khan, an employee of Carter Allen Private Bank, wrote down stolen customer details “in a complex code to avoid detection.” He gave the details to accomplices who then rang up the bank pretending to be the customers, transferring money to their own accounts. A Detective Constable used the Scoutmaster’s A…
Category: Financial Sector
Another processor breached!? (nope – see update 1)
WBZ is reporting that hundreds of bank customers are starting their holiday weekend off without their debit cards after a breach at the bank’s card processor, Metavante, forced the Winthrop Federal Credit Union to deactivate some customers’ MasterCards. At least one case of fraud has already been tentatively linked to the breach. No one was…
Bits ‘n Pieces
In the justice system: Four San Fernando Valley men were charged with ID theft and other charges in an alleged electronic crime scheme in which more than two dozen victims — including two banks — lost more than $400,000 via phony ATM withdrawals. More. As a follow-up to a breach reported in November, Luis Corona…
Heartland Data Breach: Hearing Set for Class Action Suits
From BankInfoSecurity.com: A federal judicial panel will hear arguments next week on whether to consolidate the class action lawsuits brought against Heartland Payment Systems (HPY) by financial institutions. The Judicial Panel on Multidistrict Litigation in Louisville, KY will hear the arguments next Wednesday, according to Benjamin Johns, one of the lawyers representing the class action…
(update) IN: Computer Glitch Blamed For Credit Card Breach
As an update to a story reported previously here, The Indy Channel reports: A credit card company said Tuesday that a computer glitch caused more than a hundred people’s statements to be posted online last week. Constance Wilson, who lives in McCordsville, alerted CompuCredit after she logged in to pay her Aspire Visa card bill…
Oops: Did Rudder Just Send Your Financial Data to Someone Else? (update 1)
Adam Ostrow reports that financial planning application Rudder appears to have sent user’s confidential financial information to the wrong people, exposing users’ salary, debts, bank balance, and where they shop. Ostrow is trying to obtain some statement from Rudder. As of the time of this posting, there is no statement on their site either denying,…