The bank was not identified in court documents. Do consumers want to know what bank so they can evaluate whether a bank has sufficient infosecurity checks in place to protect their money and accounts? Withholding the names of victim banks or businesses protects those entities, but does not serve consumers well. Deirdre M. Daly, United…
Category: Insider
IT: Faulty file caused Lake Norman High School security breach
It’s nice that the district followed up by publicly disclosing what went wrong. Preston Spencer reports: The Lake Norman High student who obtained an administrative password last week did so by using more sophisticated methods than just simply guessing. Dr. David Blattner, chief technology officer for Iredell-Statesville Schools, said the password, which was spread to six other students…
Chinese businessman pleads guilty to theft of trade secrets
In May, 2015, federal prosecutors arrested Xiwen Huang, and charged him with corporate espionage. At the time, media reported: Huang worked for a company in New Jersey and later a company in Charlotte that he stole trade secret information from, according to court documents. Huang worked on “catalyst” technology for energy technology companies, investigators said. Prosecutors unveiled…
Twin Brothers Sentenced for Wire Fraud, Conspiring to Hack into U.S. Department of State and Private Company
There’s another update to the case of the Akhter twin brothers, and it looks like Muneeb Akhter was successful in fending off the prosecution’s request for a 6-year sentence. The U.S. Attorney’s Office for Eastern District of Virginia issued a statement yesterday: Twin brothers Muneeb and Sohaib Akhter, 23, of Springfield, were sentenced today for conspiracy to commit…
Watchdog: Top Secret Service official wanted information about Chaffetz made public
Shades of J. Edgar and dirty politics! I’m classifying this as a privacy breach and also an infosec breach as these data were supposed to be protected. Carol D. Leonnig and Jerry Markon report: The Secret Service’s assistant director urged that unflattering information the agency had in its files about a congressman critical of the service should be made public,…
Chase Can’t Dodge $10M Identity Theft Suit
Rose Bouboushian reports: Chase Bank must face identity theft claims for employees who let money launderers use a customer’s dormant accounts in a Medicare fraud scheme, the Second Circuit ruled Wednesday. Yelena Galper sued JP Morgan Chase Bank N.A. in New York state court in May 2013, claiming several of its employees accepted bribes to…