There is a bizarre story out of China were dozens of Chinese students have seen their future wiped out by the disappearance of their manila folders containing their records. In China, these paper folders follow a student throughout his or her career with every achievement, score, and prospect for a college education. While Chinese officials…
Category: ID Theft
Network Solutions suffers crippling data breach
More on the massive data breach first reported last week: Over half a million credit card holders may have had their account details captured by hackers, after web hosting firm Network Solutions revealed that more than 4,000 of the e-commerce sites it hosts could have been breached. […] Sophos senior technology consultant Graham Cluley said…
ID theft ring allegedly bribed DMV employees
Counter-terrorism investigators busted an alleged identity theft ring whose members are suspected of bribing Department of Motor Vehicles employees in Inglewood and several states to provide fake documents. Los Angeles police, the FBI, DMV and District Attorney’s Office teamed up to track a Pakistani woman and 13 alleged accomplices, the Los Angeles Times reported on…
Credit industry slow to protect customers from CreditMaster scam
Recent cases in which people have been charged with online fraud for allegedly making purchases with illegally obtained credit card numbers have shed light on the lack of effective measures taken to frustrate the CreditMaster scam used in these incidents, even though the credit card industry was already aware of its existence. The industry is…
First National Bank closes debit accounts
Another delayed effect of the Heartland breach…. More than two thousand debit card customers of First National Bank of Howell have had their accounts closed down after learning of a security breach. Bank officials tell WHMI that after learning of an information breach at Heartland Payment Systems, a national credit and debit card processing company,…
Big credit card breach in Japan
Alico Japan said Thursday that credit card data on possibly tens of thousands of its insurance policyholders had apparently leaked, resulting in massive fraudulent transactions. It said that up to 110,000 policyholders could be affected. Names of policyholders, their credit card numbers and the expiry dates of the cards were used to make fraudulent purchases…