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…
Category: Financial Sector
Broker Watchdogs Accused of Letting Sensitive Data Go Public
Benjamin Bain reports: A whistle-blower is accusing some key financial regulators of allowing sensitive broker information to become readily accessible, even as industry watchdogs emphasized the need for companies to protect client data. According to a complaint lodged with the U.S. Securities and Exchange Commission, personal data such as brokerage account numbers provided to an…
India: 1,020 bank accounts were used for phishing attacks
PTI reports that fraudsters used more than 1,000 bank accounts as part of a phishing scheme: “As per the details shared by Reserve Bank of India (RBI), complaints were received regarding e-wallet scam involving 1,020 bank accounts in 351 bank branches of public and private sector banks (13 banks),” Minister of State for Electronics and…
Mastermind behind Carbanak and Cobalt malware attacks on financial institutions arrested in Spain – Europol
The leader of the crime gang behind the Carbanak and Cobalt malware attacks targeting over a 100 financial institutions worldwide has been arrested in Alicante, Spain, after a complex investigation conducted by the Spanish National Police, with the support of Europol, the US FBI, the Romanian, Belarussian and Taiwanese authorities and private cyber security companies….
Frost Bank investigating breach, contacting affected customers (Updated)
RJ Marquez reports: Frost Bank is investigating a breach after the company discovered unauthorized access to digital images stored in those customers’ commercial image archives. The San Antonio based-bank issued a statement that said Frost detected the unauthorized access to a third-party lockbox software program earlier this week and immediately launched an investigation. The software…
Chase ‘Glitch’ Exposed Customer Accounts
Brian Krebs reports: Multiple Chase.com customers have reported logging in to their bank accounts, only to be presented with another customer’s bank account details. Chase has acknowledged the incident, saying it was caused by an internal “glitch” Wednesday evening that did not involve any kind of hacking attempt or cyber attack. Trish Wexler, director of…