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.
Category: Financial Sector
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…
Bulgarian lender Banka DSK fined 1M leva for data breach
The Sofia Globe reports: Bulgaria’s commission for personal data protection said on August 28 that it had fined Banka DSK, the country’s second-largest lender by assets, one million leva (about 511 300 euro) for the “illegal disclosure” of the personal data of its customers. In total, the data of 33 492 customers from 23 270…