Andrei Skvarsky reports: The source of last week’s sensational leak of Sberbank credit card details took “hours” to find out, Russia’s biggest lender said in announcing that the theft had been fully solved. The bank said in a statement that the data, which were put on sale in the black market, had been stolen by a junior…
Category: Financial Sector
Russia’s Sberbank investigates credit card data leak
Daphne Leprince-Ringuet reports: Russia’s largest bank, Sberbank, is investigating a potential leak of credit card data, saying that ‘criminal wrongdoing’ by an employee is currently their main lead. The bank said that an internal investigation was underway and that at least 200 client accounts could be affected. Read more on ZDNet.
Russian Hacker Pleads Guilty For Involvement In Massive Network Intrusions At U.S. Financial Institutions, Brokerage Firms, A Major News Publication, And Other Companies
There’s a follow-up to the case of the hacker involved in the 2014 JP Morgan hack. From the Department of Justice, today: Geoffrey S. Berman, the United States Attorney for the Southern District of New York, announced today that ANDREI TYURIN, a/k/a “Andrei Tiurin,” pled guilty in Manhattan federal court to computer intrusion, wire fraud,…
Chicago brokerage to pay $1.5 million for cyber attack lapses: U.S. CFTC
I’m still getting caught up with news after being out of town for a few days. Here’s a report I just saw from Suzanne Barlyn of Reuters: The U.S. Commodities Futures Trading Commission (CFTC) said on Friday that a Chicago-based futures brokerage will pay a total of $1.5 million for letting cyber criminals breach the…
Capital One Hack Prosecution Raises New and Old Questions about Adequacy of CFAA
Timothy H. Gray, Ethan Kisch and Michael F. Buchanan of Patterson Belknap write: On August 28, 2019, almost a month after Paige A. Thompson was arrested based on allegations that she hacked into servers rented by Capital One Financial Corporation, a criminal indictment was returned charging her with one count each of computer and wire…
U.S. jury indicts suspected Capital One hacker on wire fraud, data theft
Reuters reports: A federal grand jury has indicted the suspected hacker who obtained personal information of over 100 million people in the Capital One Financial Corp data breach on charges of wire fraud and computer data theft, the U.S. Department of Justice (DOJ) said on Wednesday. Read more on Reuters. Here’s the DOJ’s press release…