Juliette Garside has the latest development in a case I’ve been covering on this site since 2009 (my earlier coverage is no longer available as the previous incarnation of PogoWasRight.org was not importable into WordPress). The whistleblower who exposed wrongdoing at HSBC’s Swiss private bank has been sentenced to five years in prison by a…
Category: Financial Sector
‘We complained to Santander CEO of data breach – and were sent documents of three other customers’
Nicole Blackmore reports: Santander has been labelled “incompetent” after a string of errors that saw it lose a couple’s mortgage documents and instead send them letters containing four different customers’ private information in a “gross breach” of data protection laws. Read more on The Telegraph.
Turkish Attackers Shut Down Russian Central Bank Website
Waqas writes: Turkish hackers just took down the official website of Russian Central Bank amid tension near Syrian-Turkey border. A group of Turkish hacktivist going with the handle of Turk Hack Team has conducted a powerful DDoS attack on the official website of Russian Central Bank earlier today forcing it to go offline for over 10 minutes. While talking…
Armenian Group Hacks Azerbaijan Central Bank, Leaks A Trove of Data
Agan Uzunovic reports: The cyber war between Armenians and Azerbaijani hackers is never ending — Like in this recent cyber attack in which the Armenian hackers leaked trove of data containing banking details of Azerbaijani citizens. In July 2, 2015, Armenian hackers from Monte Melkonian Cyber Army hacked into the official website of Azerbaijani customs, stealing highly confidential personal information of 5650 Azerbaijani…
Data Security & Privacy Concerns for the Indian Banking Industry
Ratan Jyoti, Chief Manager (Information Security), Vijaya bank, writes: … In last year or two, there has been a sudden spurt in data theft in Indian banks. It is estimated that Indian Banks are directly losing a significant part of their income due to data theft. In terms of reported incidents, the figure of loss…
Insurer moves to dismiss BitPay’s lawsuit
In September, it was reported that BitPay was suing its insurer, Massachusetts Bay Insurance Company, for reimbursement of $1.8M funds lost in a phishing attack in December 2014. Now the insurance company has moved to dismiss the suit. Stan Higgins reports: However, in a 17th November court filing, MBIC has stated that it believes it was justified in…