J. Harry Jones of The Union-Tribune reports that seven laptops containing personal and account information on Borrego Springs Bank customers were stolen from an unnamed auditing firm on March 5. The firm did not notify the bank fo the theft until March 18, however. Bank customers received letters this week about the incident. The letter…
Category: Financial Sector
Prosecuting the Mitsubishi UFJ case: what’s the crime?
The Yomiuri Shimbun has an article on the Mitsubishi UFJ breach reported earlier this week that suggests difficulties the prosecutors may face. In this case, a (now-former) employee allegedly used a co-worker’s credentials to access a database to which he already had authorized access. Using the co-worker’s credentials, he accessed and copied data on 1,486,651…
Bits ‘n Pieces
In the justice system: Andrew Paparella Jr. was arrested and charged with stealing credit card numbers belonging to patrons of his restaurant, the Citrus café. More. Gene Anthony Franklin Jr. faces up to 73 years in prison for stealing the identities of more than one dozen people by posing as a real estate investor to…
NZ: Internet hacker hits bank account
Cherie Taylor of The Daily Post reports that 11 people are accused of hacking into online bank accounts and stealing thousands of dollars as part of a widespread fraud ring that targeted the National Bank.
Mitsubishi UFJ says 49,159 customer records leaked
Junko Fujita of Thomson Reuters reports that Mitsubishi UFJ Financial Group’s brokerage unit experienced a data breach when a former employee took records on 1.5 million customers home. Records on 49,159 customers, including personal and salary details, were sold to data list agents. The firm says that most of the records have been retrieved.
Memo: remember to lock the bank
In February 2008, a news story from the UK caught my eye. A 5 year-old boy had wandered into a branch of HSBC that had been left essentially open overnight due to what the bank subsequently described as a malfunction with the door catch. Now there’s another story out of the UK that also involves…