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…
Category: Financial Sector
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…
Capital One replaces security chief after data breach
Zack Whittaker reports: Capital One has replaced its cybersecurity chief four months after the company disclosed a massive data breach involving the theft of sensitive data on more than 100 million customers. A spokesperson for Capital One confirmed the news in an email to TechCrunch. Read more on TechCrunch.
Alleged Capital One hacker released from federal custody
Campbell Kwan reports: The alleged Capital One hacker, Paige Thompson, was released from federal custody on Tuesday as she awaits her trial. Thompson, who is allegedly responsible for the theft of 106 million records from Capital One, had previously requested for a release from federal custody back in August, but was initially denied due to the judge at the time deciding…