Digital Transactions reports: RBS WorldPay Inc., the other big merchant acquirer besides Heartland Payment Systems Inc. to report a major data breach in recent months, this week announced that it has attained validated compliance with the Payment Card Industry data-security standard, or PCI.
Category: Financial Sector
Woman Finds Credit Card Statements Unprotected Online
From TheIndyChannel.com: A major credit card company is investigating how more than a hundreds statements were made available online after an Indiana woman alerted them to the problem. Constance Wilson had logged in to pay her Aspire Visa card bill when she instantly had access to 120 other statements from people in Indiana and 31…
Report: ATM/Debit Card Fraud On The Rise
This will be no surprise to anyone who really reads all the breaches reported on this site, but Kelly Jackson Higgins of Dark Reading reports: […] Nearly 70 percent of the [161 financial services] respondents to the survey, conducted by antifraud firm Actimize, said they had experienced an increase in ATM/debit card fraud claims in…
New deal backed for ID theft case
Virgil Larson of World-Herald News Service reports on the tentative approval of a settlement in the class action lawsuit against TD Ameritrade resulting from a hack in 2006 and 2007 that affected customer contact information on 6.3 million clients. The settlement will not result in any money for class members but the lawyers get almost…
Bits ‘n Pieces
In the justice system: Yomi Jagunna, one of 8 people arrested last year as part of a New Jersey ring, pleaded guilty for his part in setting up a phony collection agency to obtain access to commercial databases where they obtained Social Security numbers and info. Jagunna pleaded guilty to selling 39 SSN, but prosecutors…
Branch Banking & Trust employee arrested for selling client information
On January 14, law enforcement officials investigating another matter discovered client information from Branch Banking & Trust Co. (BB&T) in the possession of unauthorized individuals. Once alerted to the breach, BB&T conducted an internal investigation and discovered that a former employee who had legitimate access to client accounts had abused the access and had sold…