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Category: Financial Sector

South Korean Gov’t Investigating Bithumb Security Breach, World’s Largest Cryptocurrency Exchange

Posted on October 16, 2017 by Dissent

Joseph Young reports: Local news publications and leading media outlets in South Korea have reported that Bithumb, the world’s largest cryptocurrency exchange by trading volume, suffered a security breach that affected 30,000 users on the trading platform. Seoul Central Prosecutor’s Office for Advanced Criminal Investigation has announced that it had taken over the case and…

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A forum on DarkNet is selling data stolen from over 6,000 Indian businesses including ISPs: QuickHeal

Posted on October 3, 2017 by Dissent

IANS reports: Global IT security firm Quick Heal‘s Enterprise Security brand Seqrite has discovered an advertisement on DarkNet forum that claims to have access to data of over 6,000 Indian businesses that include Internet Service Providers (ISPs), some of the key government organisations, banks and enterprises. Read more on FirstPost.

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IE: AIB loses 550 bank customers’ confidential information

Posted on September 12, 2017 by Dissent

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…

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Roman Seleznev pleads guilty to federal charges in Georgia and Nevada

Posted on September 8, 2017 by Dissent

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….

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Facial recognition to be required for mainland Mastercard, Visa cardholders

Posted on September 4, 2017 by Dissent

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

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FICO reports a 39 Percent Rise in Debit Cards Compromised in US

Posted on September 4, 2017 by Dissent

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…

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