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Category: Financial Sector

Credit unions demand assurances from Central Bank after data leak blunder

Posted on September 7, 2021 by Dissent

Charlie Weston reports: A leading credit union body is seeking assurances from the Central Bank that it can protect the personal data of people who have to register with it. The call from the Irish League of Credit Unions comes after the Central Bank mistakenly gave out the names and home addresses of credit union…

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Fired NY credit union employee nukes 21GB of data in revenge

Posted on September 1, 2021 by Dissent

Sergiu Gatlan reports: Juliana Barile, the former employee of a New York credit union, pleaded guilty to accessing the financial institution’s computer systems without authorization and destroying over 21 gigabytes of data in revenge after being fired. “In an act of revenge for being terminated, Barile surreptitiously accessed the computer system of her former employer, a New…

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Hackers Steal Data from Neuchâtel Cantonal Bank

Posted on August 31, 2021 by Dissent

FInews reports: There was a cyber attack on the Neuchâtel Cantonal Bank (BCN) at the beginning of August, spokeswoman Marie-Laure Chapatte, told the «AWP» news agency (in German), resulting in the potential theft of around 1,500 email addresses. Neither the banking infrastructure – such as the online banking platform – nor other sensitive systems were affected by the…

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Envision Credit Union ‘taking all appropriate steps’ after possible cyber attack

Posted on August 29, 2021 by Dissent

TaMaryn Waters reports: Envision Credit Union may have been the latest victim of an apparent ransomware attack, a malicious software that disrupts computer systems until demands are met. Initial signs of a potential attack surfaced this week on social media and indicated the LockBit 2.0 ransomware group threatened to publish stolen data on Aug. 30, according to…

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Morgan Stanley names vendor in data security case

Posted on August 21, 2021 by Dissent

Colin Staub reports: Morgan Stanley has identified the data center decommissioning provider it claims was responsible for a data-breach incident, which led to lawsuits and a $60 million penalty against the financial giant. The bank was named as a defendant in several class-action lawsuits last, after customer information was mismanaged during 2016 and 2019 computer…

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JP Morgan Chase Bank Admitted Leaking Sensitive Data of its Customers

Posted on August 17, 2021 by Dissent

Ax Sharma reports: Chase Bank has admitted to the presence of a technical bug on its online banking website and app that allowed accidental leakage of customer banking information to other customers. […] The issue is believed to have lasted between May 24th and July 14th this year, and impacted both online banking and Chase Mobile app customers who…

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