Reuters reports: Shares in Brazilian digital lender Banco Inter SA fell as much as 11 percent on Friday amid reports of a data leak and after the central bank suspended operations of rival Neon that triggered concerns about financial technology startups. Banco Inter units, composed of common and preferred shares, traded 7 percent lower in…
Category: Financial Sector
Australia’s Largest Bank Lost The Personal Financial Histories Of 12 Million Customers
Paul Farrell reports: The Commonwealth Bank lost the personal financial histories of 12 million customers, and chose not to reveal the breach to consumers, in one of the largest financial services privacy breaches ever to occur in Australia. BuzzFeed News can reveal that the nation’s largest bank lost the banking statements for customers from 2004…
TSB chaos after online banking data leak
Kayleigh Bateman reports: TSB has issued an apology, this morning, after weekend upgrades to its online banking platform left several customers unable to access their own accounts, yet able to view other peoples. Addressing the online banking data leak in a statement this morning TSB said: “We’re really sorry that some of our customers experienced…
SunTrust 1.5 million customers whose information may have been stolen by former employee
From their press release: SunTrust Banks, Inc. (NYSE: STI) is now offering Identity Protection for all current and new consumer clients at no cost on an ongoing basis. Experian IDnotify™ will be provided to those who sign up for the service. SunTrust cares deeply about the privacy and security of client information. The company became…
20 hackers arrested in EUR 1 million bank phishing scam
A two-year long cybercrime investigation between the Romanian National Police and the Italian National Police, with the support of Europol, its Joint Cybercrime Action Taskforce (J-CAT) and Eurojust, has led to the arrest of 20 suspects in a series of coordinated raids on 28 March. 9 individuals in Romania and 11 in Italy remain in…
Years after hackers stole consumers’ identity info from mortgage brokers, victim impact continues – FBI
The FBI has an update on a hacking case previously reported on this site: A recently closed California hacking and identity theft case sadly illustrates the misery that can be visited on unsuspecting victims when their personal information is compromised. Between 2011 and 2014, four U.S. citizens who resided in San Diego—but carried out their…