When payment processor Heartland Payment Systems announced it had been breached on January 20, management at Valley National Bank in New Jersey went into action. By January 26, they had notified the New York State Attorney General’s Office that they were replacing 20,013 cards as a result of the breach and had kicked into high…
Category: Financial Sector
GA: Federal grand jury indicts Bulgarians on bank card skimming
Federal indictments were handed down against Nikolay Nikolov, 23, and Yordan Kavaklov, 29, both of Bulgaria, on multiple felony charges of conspiring to steal the bank card numbers and passwords of dozens of individuals through the use of a skimming device the defendants allegedly connected to ATM’s in the metro Atlanta area. […] According to…
First arrests made in Heartland data breach case
Chuck Miller reports: Three men have been arrested in Tallahasee, Fla., in connection with the Heartland Payment Systems data breach, authorities said. The men, Tony Acreus, Jeremy Frazier and Timothy Johns, each were charged with multiple counts of credit card fraud, police said. The arrests were part of a larger investigation into the breach, […]…
Heartland Data Breach: Maine Credit Union Says Reported Fraud has Tripled
Some interesting insights into the impact of the Heartland breach on a small credit union are provided in a BankInfoSecurity story: Last week [HealthFirst Credit Union of Waterville] in Maine thought it had seen the last of the Heartland Payment Systems data breach that had affected 261 of its members’ credit cards. Officials now report…
WA: Kennewick real estate agent sentenced for ID theft scheme
Kristin M. Kraemer reports: A 56-year-old woman who helped her adult daughter defraud bank customers so they could buy expensive online goods tearfully said Tuesday that their relationship is forever changed. Cynthia Jean Walker was sentenced in U.S. District Court in Richland to six months in federal custody — the same sentence her daughter received…
Phila. man pleads guilty in ID theft scheme
Danielle Camilli reports: A Philadelphia man pleaded guilty Monday to charges stemming from a scheme in which he admitted using personal information of customers at a Mount Laurel bank to open fraudulent credit card accounts. Anthony Wood, also known as Anthony Bickerstaff, pleaded guilty to second-degree computer criminal activity and second-degree identity theft before Superior…