Ray Ekobena, 27, of Alexandria, and his brother, Stefan Ekobena, 24, of Atlanta, were sentenced today for leading a five-year check fraud and identity theft conspiracy. Co-conspirator Rodney Hardy, 25, of Hyattsville, Maryland, was also sentenced today for his role in the scheme. According to statements of fact filed with the plea agreements, Ray Ekobena…
Category: Financial Sector
Bank of England and US authorities to simulate cyber-attack
Nothing could possibly go wrong, right? Tim Wallace reports: The biggest banks in the UK and US will face a simulated major cyber-attack from the Bank of England and its US counterparts this month, as officials probe the industry’s ability to withstand assaults from hackers looking to steal data or cripple the financial sector. The…
UK: Optimal Payments says investigating data breach allegations
Mamidipudi Soumithri reports: British mobile payments company Optimal Payments Plc said it was investigating allegations that personal data belonging to some of its customers had been compromised and was available in the public domain. Optimal shares fell 11 percent to 309.5 pence, their sharpest fall in a day this year and lowest since Sept….
Ex-Goldman Banker and Fed Employee Will Plead Guilty in Document Leak
Ben Protess and Peter Eavis report: A former Goldman Sachs banker suspected of taking confidential documents from a source inside the government has agreed to plead guilty, a rare criminal action on Wall Street, where Goldman itself is facing an array of regulatory penalties over the leak. The banker and his source, who at the time of…
Privacy breach by Westpac?
In response to allegations (noted in this blog post) that police had obtained Nicky Hager’s account information from Westpac without any court order, the following news release by Felix Geiringer on Hager’s behalf was issued today. Via Scoop: Several people, including news media, have been seeking comment from Nicky Hager and his legal team about…
State Bank of Pakistan asks banks to submit details of Internet security breaches
The Daily Times reports: The State Bank of Pakistan (SBP) has directed the banks to report in details about all established security breaches, its analysis and its designated payment systems department, on quarterly basis to explain the impact of security breaches on institution’s business, systems, applications and customers. The directives were issued in the SBP…