David Krough reports: Customers at a Salem-based credit union are being warned of a possible security breach. Salem Police said they’ve had more than ten reports since January 12th of Oregon Territory Federal Credit Union debit accounts being compromised. Investigators said they didn’t know if debit cards had been stolen or the suspects just obtained…
Category: Financial Sector
The World Bank’s Data Breach, And Its Sorry Follow-Up
Bob Evans reports: The World Bank (annual IT budget about $250 million) has been hit by a range of data breaches, at least one of which involved info belonging to staffers. So a corporate guy overseeing IT has sent a flaccid memo to the whole organization. Take a look at the memo and ask yourself…
TX: HPD investigating massive credit card scam
Matthew Jackson reports: Huntsville Police began a massive investigation into an international fraud ring on Friday after arresting a Houston woman with more than 100 credit card numbers in her possession Thursday afternoon. [..] In the vehicle, officers found more evidence of fraud. “In her vehicle we found several typed pages of credit card numbers…
Woman jailed for American Express fraud
A 29-year-old former American Express employee has received a three year jail sentence after she was found guilty of paying for 121 luxury holidays with customers’ credit cards. […] For more than half a year, the woman booked holidays using the Platinum and Centurion cards of various wealthy American Express clients. She also took payment…
GU: Pair Arrested On Federal Identity Theft Charge
Kevin Kerrigan reports: Federal officials say two arrests have been made in an identity theft case. U-S Attorney Lenny Rapadis has announced that Benedict L. Cruz and Melissa J. Quitugua have been arrested and arraigned on Federal charges of fraudulently obtaining more than 73-thousand dollars through the unauthorized use of credit cards and committing identity…
Five recent Merrill Lynch security breaches you probably didn’t know about
As if the financial sector wasn’t in enough of tailspin recently, Merrill Lynch reported at least five security breaches during the last quarter of 2008. Reports filed by the firm with several states attorney general reveal that: On September 3, the company reported a lost laptop containing personally identifiable information to New York State. That…