BreakingNews.ie. reports: RTÉ Raidió na Gaeltachta has reported this morning that confidential information relating to 550 customers of AIB in Co Galway was mislaid at the end of August. Customers of AIB in Salthill and An Spidéal received letters from the bank this week informing them of the incident. The information contained in the documents…
Category: Financial Sector
Roman Seleznev pleads guilty to federal charges in Georgia and Nevada
ATLANTA – Roman Seleznev has pleaded guilty to conspiracy to commit bank fraud for his role in the 2008 hack of RBS Worldpay. Seleznev was responsible for cashing out $2,178,349 associated with five hacked debit card numbers. “The defendant and a sophisticated team of hackers stole over $2,000,000 from ATMs across the globe,” said U.S….
Facial recognition to be required for mainland Mastercard, Visa cardholders
Macau Daily Times reports: Monetary Authority of Macau (AMCM) will be adopting facial recognition technology for mainland withdrawals made by Visa and Mastercard cardholders at automated teller machines (ATMs) in September, according to a report by Oriental Daily News. Read more on Macau Daily Times. h/t Joe Cadillic
FICO reports a 39 Percent Rise in Debit Cards Compromised in US
Pierluigi Paganini reports: According to a report published by the analytic software firm FICO, US Debit Cards compromised raise up to 39% in the first six months of 2017 compared to the same timeframe one year prior. In the same period, FICO reported an increase in the number of ATMs and point-of-sale devices (+21%) in…
Mirai Malware Attacker Extradited From Germany to UK
Mathew J. Schwartz reports: Admitted Mirai malware mastermind Daniel Kaye, 29, has been extradited from Germany to the United Kingdom, where he faces charges that he launched cyberattacks against two of Britain’s biggest banks. Kaye, a British national from Surrey, England, returned to Britain Wednesday in the custody of officers of the National Crime Agency…
Italian bank UniCredit admits data breaches affecting 400,000 customers
Luke Irwin reports: UniCredit, Italy’s largest bank, has admitted that it suffered two data breaches in the past year, affecting 400,000 customers in total. In a statement, the bank confirmed that no passwords were stolen in the attacks, which occurred between September and October of 2016 and then June and July this year. UniCredit did…