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…
Category: Financial Sector
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…
UK: Financial Workers Regularly Forget USB Sticks at Dry Cleaners
From the this-is-not-what-we-meant-by-cleaning-your-drive dept: As data loss reaches an all time high, a new survey shows financial workers in the UK are regularly forgetting USB sticks at the dry cleaners. According to a survey by Texas-based data security firm Credant Technologies, 9,000 USB sticks were forgotten in people’s pockets in the UK last year as…
Suspect identified in Heartland Payment Systems breach
Evan Schuman at Storefront Backtalk is reporting that the Secret Service has identified an overseas suspect in the Heartland Payment Systems breach. Evan also has some other updated info on the breach: The processor first learned of the breach (when alerted by Visa and Mastercard) in late October/early November, said Heartland spokesman Jason Maloni. Previously,…