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Category: Financial Sector

Ameriprise notifies customers of online breach

Posted on January 31, 2009 by Dissent

Ameriprise Advisor Services, Inc. (formerly H&R Block Financial Advisors) notified the Maryland Attorney General’s Office on December 24 of a breach involving a third-party vendor. According to the notification (pdf), AASI uses a third-party vendor to provide clients with online access to their accounts (usernames and passwords). The unnamed vendor notified them on December 17…

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Canadian Tire cancels 16,000 Mastercards after Heartland breach results in hundreds of cards being misused

Posted on January 29, 2009 by Dissent

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…

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Ca: Debit scam victims now in the ‘hundreds’

Posted on January 29, 2009 by Dissent

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…

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Former Countrywide clients to get reimbursement

Posted on January 29, 2009 by Dissent

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…

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NC: SECU probes fraud cases after security breach

Posted on January 28, 2009 by Dissent

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…

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Send in the lawyers (Heartland Payment Systems update)

Posted on January 27, 2009 by Dissent

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…

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