Police estimate a Gisborne teenager’s internet banking fraud could now have a tally as high as $260,000. Jake Kyle Hall, 19, yesterday pleaded guilty in Gisborne District Court to about 95 more fraud charges. He had already pleaded guilty last December to about 80 charges, with a total of his unlawful takings estimated at that time…
Category: Financial Sector
Southern Michigan Bank & Trust notifies customers of stolen laptop
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…
Swift Warns of New Hacker Attack on Bank After Bangladesh Heist
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…
Three hacking groups linked to Bangladesh bank theft worth $104 million
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…
Hackers Leak (Old?) Data of 5 South Asian Banks
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…
PA: Local TD Bank employee charged in identity theft scheme
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…