Susquehanna analyst says, “We are upgrading HPY to Neutral from Negative, as it has achieved our price objective. Although considerable risk persists related to the credit/debit card data breach disclosed last month, we believe such penalties are contemplated in the current valuation. We consulted a range of experts, including reformed hackers, data security auditors (PCI…
Category: Financial Sector
Ca: Hacked Trent server housed some personal information
Andrea Houston reports: Trent University is sending out alert letters to several donors and alumni after an off-site computer server containing some personal information was recently hacked. Dianne Lister, vice-president of external relations, said a power surge between Dec. 22 and Jan. 7 caused the firewall to fail, which left the server unprotected to hackers,…
NameDrive Breached, Less Than 1% of Accounts Affected
E-mail addresses and passwords for a limited number of NameDrive customers were obtained and posted in a hacker forum this month. The security breach just came to light today. NameDrive has responded by instituting new security measures including password resets: We were alerted of a possible security breach affecting less than 1% of our accounts,…
Former Bank Of America Employee Pleads Guilty to Misappropriating More than $29 Million
In this incident, the defendant was first charged with the crime on January 22nd and pled guilty yesterday. The following is a statement from the United States Attorney’s Office for the Southern District of Florida: R. Alexander Acosta, United States Attorney for the Southern District of Florida, and Michael K. Fithen, Special Agent in Charge,…
Ca: Cops warn of bank skimmer
Shawn Jeffords reports: Sarnia Police are warning customers of the ScotiaBank branch on Christina Street to watch their bank statements after skimming equipment was discovered on one of the branch’s ATMs Saturday morning. Police are searching for two men who may have information about the bank card skimming equipment. It’s not clear how long the…
State Reaches Settlement With BNY Mellon
[…] BNY Mellon was directed to immediately notify each affected bank customer by mail and provide 24 months of credit protection for the financial accounts that might be affected by the data breach. In addition, BNY Mellon was presented and complied with numerous subpoenas from the Department of Consumer Protection concerning its actions before and…