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…
Category: Financial Sector
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…
NZ: Law breach likely over Hager bank data
NZME reports: A legal expert says police have probably broken the law by obtaining the personal bank information of journalist Nicky Hager without a court order. Court records show detectives investigating the hacking of Whale Oil blogger Cameron Slater’s computer obtained nearly 10 months of transactions from Mr Hager’s accounts from Westpac without the legal…
Veteran says financial services company USAA failed to warn her of ID theft
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…
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…