Paul Woolverton reports: Retired Army Maj. Veronica Carter is furious with the USAA. She says the financial services company failed to warn her when an identity thief or thieves called three times over the past month to try to persuade a customer service representative to withdraw money from her account. On Oct. 6, someone made…
Category: Financial Sector
Mainstreet FCU reports fraud not linked to data breach of their system (Update1)
Tim Orem reports: A data breach compromised information belonging to about 300 members of the Lenexa, Kan.-based Mainstreet Federal Credit Union, according to President/CEO John Beverlin. Beverlin told CU Times hackers did not break into the credit union’s systems and that the fraudsters likely purchased members’ information somewhere online. Now the criminals are trying to capitalize on it, he…
Security breach at Halifax and Bank of Scotland left account activities visible for up to six years (UPDATED)
Katie Morley reports: A security hole in Halifax and Bank of Scotland’s online banking facilities has put tens of thousands of customers at risk of fraud by leaving their financial activities visible to anyone. The glitch meant fraudsters were able to view accounts without using hacking devices as they would only need someone’s name, date…
Polish police detain unnamed computer hacker for hack of unnamed bank
A computer hacker who had infiltrated a Polish bank has been detained by the country’s police. The 31-year-old hacker allegedly broke into and stole data from the servers of an unnamed bank in Poland. “His arrest is the result of several months of work. Tomasz G. [name withheld under Polish privacy laws] had received several…
NM: Investigators still don’t know how Nusenda Credit Union members’ banking info obtained by alleged criminal
Matt Howerton reports: New Mexico State Police are still trying to understand how a man charged with multiple counts of identity theft and unauthorized use of an ATM card got the banking information of 35 people to withdraw thousands of dollars fraudulently. Investigators arrested Chris Garcia and James Rogers at the end of September and charged the two…
Court case against former HSBC Private Bank employee adjourned
The Local reports: A trial in Switzerland has been adjourned against Hervé Falciani, the former IT worker from the HSBC Private Bank in Geneva who leaked data about thousands of suspected tax evaders. Falciani, 43, now living in Spain, failed to appear in the Federal Criminal Court in Bellinzona in the canton of Ticino on…