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Category: Financial Sector

Southern Michigan Bank & Trust notifies customers of stolen laptop

Posted on May 13, 2016 by Dissent

Elena Hines reports: A Southern Michigan Bank & Trust employee’s vehicle was burglarized and a laptop stolen on April 10. The bank says there is no indication of a data breach, but staff are doing what they can to protect customers. “Once we became aware, we immediately took several steps to protect our clients,” said…

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Swift Warns of New Hacker Attack on Bank After Bangladesh Heist

Posted on May 13, 2016 by Dissent

Trista Kelley reports: Swift, the inter-bank messaging system embroiled in one of the largest cyber heists in history, warned customers that hackers have struck again, attacking a commercial bank client that it didn’t name. The details of a second hack follow a cyber theft in February, when more than $80 million was stolen from Bangladesh’s account at…

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Three hacking groups linked to Bangladesh bank theft worth $104 million

Posted on May 11, 2016 by Dissent

Arun Devnath and Michael Riley report: Investigators examining the theft of $104 million from Bangladesh’s central bank have uncovered evidence of three hacking groups — including two nation states — inside the bank’s network but say it was the third, unidentified group that pulled off the heist, according to two people briefed on the progress…

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Hackers Leak (Old?) Data of 5 South Asian Banks

Posted on May 11, 2016 by Dissent

Varun Haran reports: Data purportedly belonging to five South Asian banks was apparently posted online May 10 by the Turkish hacking group Bozkurtlar that recently also leaked data tied to Qatar National Bank and UAE’s InvestBank. The latest banks whose data has been posted online include the Dutch Bangla Bank, The City Bank and Trust Bank, all based…

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PA: Local TD Bank employee charged in identity theft scheme

Posted on May 10, 2016 by Dissent

Jeff Blumenthal reports: A former TD Bank employee was indicted Monday for allegedly stealing customer information and selling it to co-conspirators, who in turn used the data to run an identity theft scheme. Michael Tuffour<, 27, of Philadelphia was charged with one count of bank fraud and three counts of aggravated identity theft. Read more on Philadelphia…

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Israelis in JPMorgan Hack Case to be Extradited

Posted on May 9, 2016 by Dissent

There’s an update to a case previously reported on this site. AFP reports: Israeli authorities have approved the extradition to the United States of two nationals indicted over a cyber attack against JPMorgan Chase, one of the largest computer frauds in history. Gery Shalon, 32, and 41-year-old Ziv Orenstein were arrested in Israel last July and will…

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