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Category: Financial Sector

NY: Bank call center employee used caller information to steal from accounts

Posted on January 24, 2017 by Dissent

Melinda Miller reports: A former call center employee admitted in Erie County Court that he stole more than $15,000 from the accounts of nine bank customers using personal information stolen through his job. Adrian Jones, 27, of Buffalo pleaded guilty before Judge Michael A. Pietruszka to two counts of grand larceny in the third degree,…

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Mortgage loan processor stole dozens of identities

Posted on January 24, 2017 by Dissent

Francesca Gattuso reports: A northwest suburban mortgage loan processor stole “dozens” of victims identities to open bank accounts, credit cards and loans, authorities said. Karolina M. Klambatseas, 34, worked for various mortgage companies while committing the theft dating back to May 2015, Wheaton police announced Monday. Read more on Chicago Sun-Times.

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Hackers attempted to blackmail Brazil broker XP over client data breach -Valor

Posted on January 23, 2017 by Dissent

Tatiana Bautzer of Reuters reports: Hackers who stole data from 29,000 clients of XP Investimentos SA allegedly tried to get the Brazilian independent securities firm to pay 22.5 million reais ($7.1 million) to keep the security breach secret, the online service of newspaper Valor Econômico said on Monday. According to Valor, which reviewed documents related…

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Hacker Group Claims Responsibility for Lloyds Bank Outages, Ransom Demand

Posted on January 23, 2017 by Dissent

Catalin Cimpanu reports: A group of at least two hackers has tried to extort a ransom payment from the Lloyds Banking Group according to a copy of an email the hackers sent to a high-ranking executive. The extortion attempt took place on January 11, the first day some Lloyds Bank customers experienced short-lived problems with accessing their…

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Hackers infiltrate Indian govt-owned bank systems to create fake trade docs

Posted on January 15, 2017 by Dissent

Sugata Ghosh & Sangita Mehta report: Indian banks are waking up to a new kind of cyber attack. Hackers recently infiltrated the systems of three government-owned banks -two head headquartered in Mumbai and one in Kolkata -to create fake trade documents that may have been used to raise finance abroad or facilitate dealings in banned items. The banks…

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Affiliates able to access databases of ALL Hello Markets brands and CRM data in massive security breach

Posted on January 12, 2017 by Dissent

Andrew Saks-McLeod reports: When providing white label solutions to brands, as is the case of a number of smaller retail FX brokerages that either do not have the resources or the business direction to invest in their own servers and infrastructure, as well as the entire OTC binary options business, the security of data is…

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