From the Associated Press: A company that guarantees federal student loans said Friday that personal data on about 3.3 million people nationwide has been stolen from its headquarters in Minnesota. Educational Credit Management Corp. said the data included names, addresses, Social Security numbers and dates of birth of borrowers, but no financial or bank account…
Category: Of Note
Gonzalez sentenced to concurrent 20-years terms; one more sentencing to go
Nancy Weil reports: As his parents and sister silently wept, hacker mastermind Albert Gonzalez was sentenced Thursday in U.S. District Court to two concurrent 20-year stints in prison for his role in what prosecutors called the “unparalleled” theft of millions of credit and debit card numbers from major U.S. retailers.* U.S. District Court Judge Patti…
ID Theft Ring Stole Patient Info From Northwestern
Seven young women from Chicago, the south suburbs and downstate have been arrested for their alleged roles in a massive identity theft ring that claimed hundreds of victims from across the country. […] The year-long identity theft scam saw the those involved charging more than $300,000 in more than 500 transactions involving jewelry, furniture, household…
Dave & Buster’s Settles FTC Charges it Failed to Protect Consumers’ Information
Entertainment operation Dave & Buster’s, Inc. has agreed to settle Federal Trade Commission charges that the company left consumers’ credit and debit card information vulnerable to hackers, resulting in several hundred thousand dollars in fraudulent charges. Dave & Buster’s operates 53 restaurant and entertainment complexes across the country under the names Dave & Buster’s, Dave…
Gonzalez sentenced to 20 years for TJX hack
Albert Gonzalez was sentenced today to 20 years in prison for the TJX hack and breaches involving retailers, a new record in sentencing for hacking.* He faced up to 25 years. He has yet to be sentenced in the Heartland Payment Systems breach, but that sentencing is expected tomorrow, and the sentences are expected to…
Addition to Washington Breach Law Imposes Retailer Liability in Payment Card Breaches
Under a Washington law effective July 1, 2010, certain entities involved in payment card transactions may be liable to financial institutions for costs associated with reissuing payment cards after security breaches. Designed to encourage the reissuance of payment cards as a means of mitigating harm caused by security breaches, Washington H.B. 1149 applies to three…