Serge F. Kovaleski and Stacy Cowley report that external counsel for Wells Fargo Advisors appear to have over-responded to a discovery request by inadvertently including financial details on 50,000 Wells Fargo high-wealth clients: When a lawyer for Gary Sinderbrand, a former Wells Fargo employee, subpoenaed the bank as part of a defamation lawsuit against a…
Category: Financial Sector
Ukrainian “Casher” Sentenced for Role in Worldpay Hacking Scheme
Evgeny Tarasovich Levitskyy, a/k/a Vinchenco, a/k/a Vinch, a/k/a M.U.R.D.E.R.E.R, was sentenced on Thursday to 46 months in federal prison for conspiracy to commit bank fraud for his role as a “casher” (one who withdraws cash using stolen bank account information) in the 2008 hack of RBS WorldPay. “The 2008 hack of RBS WorldPay was one…
Romanian Authorities Apprehend Three Men Trying to Sell Stolen Client Data
Jeff Patterson reports: Romania’s Directorate for Investigating Organized Crime and Terrorism (DIICOT) has successfully detained three individuals who attempted to sell stolen information from Cyprus-based brokerage. Iliescu Stefan Virgil, Roşoiu Darie Leone, and Vîlceanu Ionut, had succeeded in obtaining sensitive data from the brokerage group, which it intended to sell for upwards of €80k. All…
Russian-Born Cybercriminal Sentenced to Over Nine Years in Prison
A nearly decade-long member of several elite Russian-speaking cybercrime forums was sentenced yesterday to 110 months in prison for running a sophisticated scheme to steal and traffic sensitive personal and financial information in the online criminal underground. Alexander Tverdokhlebov, 29, of Los Angeles, pleaded guilty on March 31 to wire fraud. Accordingly to court documents,…
KR: Fourth largest Bitcoin exchange, Bithumb, hacked for billions of Won
Luke Parker reports: The largest bitcoin and ether exchange in South Korea by volume, Bithumb, was recently hacked. Monetary losses from compromised accounts have started to surface, and are quickly reaching into the billions of won. […] Hackers succeeded in grabbing the personal information of 31,800 Bithumb website users, including their names, mobile phone numbers…
KR: Financial firms on guard for cyberattack threats
Yonhap News Agency reports: Banks and other financial institutions in South Korea have been on guard over threats of cyberattacks by alleged financial blackmailers, according to the banks and financial institutions on Tuesday. No damage has been reported so far, but about 20 banks, brokerages and the Korea Exchange received threats by hacking groups about…