As noted here and elsewhere, the number of breaches reported in the media and other sources declined in 2009 relative to 2008, but newly obtained data suggests that once again, there was much that we did not know. During the period September 1 – December 31, 2009, 141 breach reports were received by the…
Category: Of Note
79,000 clients identified from stolen HSBC data: prosecutor
Some 79,000 customers have been identified from data stolen from a Swiss unit of HSBC bank, a French prosecutor said Tuesday, citing a far higher number than previously made public. The chief executive of HSBC Private Bank (Switzerland) said last month that details on 24,000 bank customers may have been leaked in the theft three…
Data stolen from 95,000 credit card customers
Kim Mi-ju reports: A single information trafficker managed to steal the personal data of more than 95,000 Korean credit card users – and sell it to thieves who created cloned credit cards, police said Sunday. Police said a Romanian used the Internet to install spyware in point-of-sale systems at 36 large discount stores, restaurants and…
FINRA Fines D.A. Davidson & Co. $375,000 for Failure to Protect Confidential Customer Information
The Financial Industry Regulatory Authority (FINRA) issued the following press release today: The Financial Industry Regulatory Authority (FINRA) announced today that it has fined D.A. Davidson & Co., of Great Falls, MT, $375,000 for its failure to protect confidential customer information by allowing an international crime group to improperly access and hack the confidential information…
Court to Notify Countrywide Customers About a Class Action Settlement Involving the Theft of Personal and Financial Data
A press release from the United States District Court for the Western District of Kentucky: A notification program began today in the United States, including Puerto Rico and recognized territories of the U.S., as ordered by the United States District Court for the Western District of Kentucky (the “Court”), to alert people who provided their…
How Identity Theft Is Like the Ford Pinto
Over on Concurring Opinions, Dan Solove describes a new paper by Chris Hoofnagle: Professor James Grimmelmann likes to shop at Kohl’s. So much so that he applied for credit at Kohl’s. And he got it. The problem is that James Grimmelmann didn’t really apply for anything. It was an identity thief. Grimmelmann was a participant…