Canadian Tire (TSX:CTC) says it has cancelled and is re-issuing 16,000 Mastercard credit cards issued by its financial services arm over security concerns. Spokeswoman Lisa Gibson says the cards were deemed to be at risk after a widespread security breach disclosed last week by Heartland Payment Systems (NYSE:HPY), a U.S. credit card transaction processor. Gibson…
Category: Financial Sector
Ca: Debit scam victims now in the ‘hundreds’
This incident keeps growing and growing….. Joe Belanger reports: Police now confirm there are “hundreds” of victims in a debit card scam in Stratford. Although police said every financial institution was hit, they’ve confirmed there were more than 350 victims at just two banks. “We’re just starting to extrapolate the data, but it’s obviously in…
Former Countrywide clients to get reimbursement
AP is reporting: Connecticut officials say the new owners of Countrywide Financial Corp. have agreed to pay the state $350,000 and reimburse customers who had to freeze their credit after a massive data breach. Attorney General Richard Blumenthal and Department of Consumer Protection Commissioner Jerry Farrell says about 30,000 people in Connecticut were affected. Read…
NC: SECU probes fraud cases after security breach
Renee Chou reports: Officials with the State Employees Credit Union are investigating 40 cases of fraud in the wake of a security breach at a company that processes credit card payments nationwide. […] SECU receives card transactions through Visa, which receives the transactions from Heartland. The credit union has issued new credit cards and personal…
Send in the lawyers (Heartland Payment Systems update)
Over on Computerworld, Jaikumar Vijayan reports that a class action lawsuit has been filed in the Heartland Payment Systems breach: […] A Pennsylvania law firm today filed the first class action lawsuit related to the breach. The lawsuit was filed by Chimicles & Tikellis LLP of Haverford, PA on behalf of Alicia Cooper, a resident…
UK: Details of the £229 million Japanese Bank Hacking Attempt Revealed
Computer hackers have reportedly applied sophisticated password-detection software application to steal £229million from one of the largest banking groups from Japan. The reports unveiled that a security supervisor from the bank helped Belgian hackers to enter into the offices of Sumitomo Mitsui Banking Corporation in London back in 2004. […] The company accounts targeted by…