Nicole Garcia reports: Two former employees of a financial firm in Tempe are arrested in what police are calling a multi-million dollar case of fraud. Officers booked Dria Carr and Eric Hernandez, both of Phoenix, on felony counts of theft and computer tampering. According to detectives, while working at “Freedom Financial Network” in Tempe, Carr sent…
Category: Financial Sector
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
Avi Mizrahi reports: The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work of intelligence agencies from the…
Update: Desjardins says data breach also affects 1.8-million credit cardholders
Frédéric Tomesco reports: The privacy breach at Mouvement Desjardins now extends to credit cardholders. About 1.8-million cardholders who are not Desjardins members may have had their personal information compromised, chief executive officer Guy Cormier said Tuesday. The rogue employee at the centre of the leak — who has since been fired — had access to banking details…
Russian Hacking Group Evil Corp. Charged By Federal Prosecutors In Alleged Bank Fraud
Bobby Allyn reports: Federal law enforcement officials have announced criminal charges against two Russian nationals who operate a hacking organization known as Evil Corp., a group officials say is responsible for one of the most sweeping banking fraud schemes in the past decade. The criminal indictments were unsealed in Pittsburgh, Pa., and Lincoln, Nebraska, against Maksim Yakubets, 32,…
Lithuanian national, extradited from Ukraine, charged with unauthorized computer intrusion, other crimes
A criminal complaint was unsealed today in federal court in Brooklyn charging Lithuanian national Vytautas Parfionovas with computer intrusion, securities fraud, money laundering, bank fraud and wire fraud, among other offenses. The charged crimes stem from a variety of criminal conduct between 2011 and 2018 in which Parfionovas gained access to U.S.-based computers, including email…
Phineas Fisher Offers $100,000 Bounty to Hack Banks and Oil Companies
Lorenzo Franceschi-Bicchierai reports: An infamous vigilante hacker known for their hits on surveillance companies is launching a new kind of bug bounty to reward hacktivists who do public interest hacks and leaks. The hacker, known as Phineas Fisher, published a new manifesto on Friday, offering to pay hackers up to $100,000 in what they called the ‘Hacktivist…