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Category: Financial Sector

Old Mutual tightens security after customers’ data breach

Posted on June 5, 2017 by Dissent

Thandisizwe Mgudlwa reports: Old Mutual, South Africa’s prominent financial services company, has notified its customers of a data breach. This follows the company’s detection of an unauthorised entry to one of its systems. And this led to some personal customer information being accessed. Old Mutual has said that personal information of a relatively small group…

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ZA: Old Mutual targeted in data breach

Posted on May 30, 2017 by Dissent

Financial services company Old Mutual has notified its customers of a data breach, after it detected unauthorised entry to one of its systems which led to some personal customer information being accessed. The company said that personal information of a relatively small group of customers in South Africa was  accessed including ‘customers’ name, telephone number…

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Convicted Russian Cyber Criminal Roman Seleznev faces charges in Atlanta

Posted on May 21, 2017 by Dissent

May 19 – Roman Seleznev, of Vladivostok, Russia, has been arraigned on federal cyber fraud charges associated with the 2008 hack and theft of banking credentials from RBS Worldpay, a payment processing company located in Atlanta, Georgia. Seleznev was indicted by a federal grand jury on December 22, 2014. “In 2008, an American credit card processor…

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BMO Harris Bank sends tax documents to the wrong customers

Posted on May 20, 2017 by Dissent

Correen Zell reports: A number of BMO Harris Bank customers received tax documents in the mail this week with other people’s personal information, and they’re still waiting for answers. When Don Liebenthal brought in the mail Thursday, a tax document from BMO Harris Bank addressed to his wife caught his eye. Liebenthal saw a stranger’s name,…

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Swiss won’t help France investigate tax case using stolen data

Posted on April 6, 2017 by Dissent

John Revill reports: Switzerland’s highest court has rejected a French request for help in investigating a married couple for tax offences, ruling that data stolen from HSBC’s Geneva private bank was inadmissible. The ruling comes amid the latest scandal to hit Credit Suisse after an anonymous tipster alerted Dutch authorities to thousands of suspect accounts…

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Scottrade Bank data breach exposes 20,000 customer records

Posted on April 5, 2017 by Dissent

Steve Ragan reports: Scottrade Bank, a subsidiary of Scottrade Financial Services, Inc., recently secured a MSSQL database containing sensitive information on at least 20,000 customers that was inadvertently left exposed to the public. The database was discovered by MacKeeper researcher Chris Vickery on March 31, when he was searching for random phrases on the domain…

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