Graham Cluley writes: It was just after 6pm on December 23, 2013, and Lennon Ray Brown, a computer engineer at the Citibank Regents Campus in Irving, Texas, was out for revenge. Earlier in the day, Brown – who was responsible for the bank’s IT systems – had attended a work performance review with his supervisor….
Category: Financial Sector
Hongkonger who launched over 6,000 web attacks during Occupy movement gets 15 months probation
Jasmine Siu reports: A Chinese University undergraduate who launched more than 6,000 attacks on Shanghai Commercial Bank’s website in 16 seconds in response to hacker group Anonymous Asia’s appeals during the Occupy protests in 2014 was sentenced to a 15-month probation order. Fanling Court also on Monday confiscated a Mac computer belonging to Chu Tsun-wai, 20, following…
Loan Company Employee Sentenced for Stolen Identity Tax Fraud
Rashad Snellreports: A Montgomery County resident was sentenced to 48 months in prison for her role in a stolen identity refund fraud scheme, announced U.S. Attorney George L. Beck Jr. of the Middle District of Alabama, and Principal Deputy Assistant Attorney General Caroline D. Ciraolo, head of the Justice Department’s Tax Division. Wendy Huff, 32, admitted that between…
KR: Credit card companies fined over customer data protection failures
For the past few years, I’ve covered the consequences Kookmin, NongHyup, and Lotte Card have faced after cardholders’ information was stolen by an contractor’s employee over an 18-month period from 2012 to 2013. I continue to be impressed that even though some of the fines or consequences haven’t been huge by our standards, there have been consequences to both the…
Leaky database leaves Oklahoma police, bank vulnerable to intruders
Dell Cameron reports: A leaky database has exposed the physical security of multiple Oklahoma Department of Public Safety facilities and at least one Oklahoma bank. The vulnerability—which has reportedly been fixed—was revealed on Tuesday by Chris Vickery, a MacKeeper security researcher who this year has revealed numerous data breaches affecting millions of Americans. The misconfigured…
US regulator freezes British man’s assets over claims he hacked stockbroking accounts
Marion Dakers reports: The Securities and Exchange Commission is pursuing a British man over claims he hacked into US investors’ accounts to place unauthorised trades. The American financial regulator has asked a New York court to freeze the assets of Idris Dayo Mustapha while it tries to recover the proceeds of his alleged trades and…