Imdad Soomro reports: A detailed probe by a professional firm has confirmed that the security system of Karachi Stock Exchange (KSE) was breached through unauthorised access, a fact that was revealed by two whistleblowers of KSE, who have also been identified. The report finalised in December 2013 found that two undocumented Virtual Private Notebooks (VPNs)…
Category: Insider
UK: £500 fine for PCSO who accessed data
Ryan Jennings reports: A former Colchester PCSO has been fined for accessing the information of 148 people “out of personal curiosity” while working for Essex Police. Arrie Bygrave, 23, of Peppercorn Close, Colchester, admitted breaching the Data Protection Act by checking 1,684 records for his own purposes. Read more on Daily Gazette.
PA: Company claims info was stolen
Joe Pinchot reports: A Pine Township company has filed a civil racketeering and conspiracy suit alleging an ex-employee downloaded company information, including customer lists, software instructions and internal drawings, and gave the information to his new employer, a competing firm. Pine Instrument Co.’s ex-employee, Gordon Baker, said he downloaded the information while still employed by…
UK: Police arrest two involved in Aviva data leak
Andrew Pearce reported on Feb. 13: Aviva has sacked two members of staff after customer claims information and car details may have been accessed or disclosed to third party companies. The insurer confirmed that when the “illegal activity” was identified, the Insurance Fraud Enforcement Department was immediately contacted. And the Insurance Fraud Enforcement Department (IFED)…
Two Sigma Analyst Charged With Confidential Data Theft
Chris Dolmetsch and Tiffany Kary report: An employee of Two Sigma Investments LLC, an $18 billion quantitative hedge fund, was charged by New York prosecutors with stealing computer data from the company, the latest in a growing number of proprietary financial firm theft cases brought by the Manhattan district attorney. Two Sigma sued Kang Gao,…
UK: Barclays cybertheft involved cooperation of employee
Steve Gold has an update to a breach noted previously on this blog involving a gang that transferred funds from some Barclays customers’ accounts. At the time, it was suspected that one of the gang members had posed as an engineer to install a KVM device that enabled them to access the bank’s computer and…