Brett Barrouquere of the Associated Press reports: A federal judge has given preliminary approval to a settlement between Countrywide Financial Corp., and millions of customers whose detailed financial information was exposed in a security breach. Under the terms of the settlement, Countrywide, now owned by Bank of America, would give up to 17 million people…
Category: Of Note
UK: Hole in banking system allowed ‘shocking’ scam
The UK Press Association reports: A judge condemned a “shocking hole” in the banking system as he jailed two London fraudsters who profited from an internet scam thought to involve 180,000 British credit cards. Gboyega Akinbola, 36, and Oyetunde Oyedeji, 31, went on a lavish spending spree worth an estimated £60,000 after ordering more than…
Happy Holidays from DataBreaches.net
Happy holidays, everyone! I’ve met so many terrific people through this site this past year and look forward to meeting many more. May those of you who spend your days protecting our data from data thieves find extra treats under the Christmas tree for all your hard work. And if you’re taking some time off…
UK: Credit card provider suffers breach, personal data lost
MBNA, the UK¹s largest credit card provider, has confirmed that a laptop containing the personal details of its customers has been stolen from one of its third party contractors NCO Europe Ltd earlier this month. The information is said to include personal details, however, no PIN numbers were reported to be contained in…
Citigroup, law enforcement refute cyber heist report
Jeremy Kirk and Robert McMillan report: Citigroup and a federal law enforcement source on Tuesday refuted a claim that the bank’s customers lost millions of dollars in an advanced cyber heist over the summer, leaving lingering questions over details of the alleged attack. […] A source within federal law enforcement who declined to be identified…
AU: Two charged over $4m Perth McDonald’s EFTPOS scam
Glenn Cordingley reports: Two people have been arrested over an EFTPOS skimming scam in which $4 million was stolen from the accounts of McDonald’s customers in WA [Western Australia]. […] The first man, a 36-year-old British citizen who lives in United Kingdom, was arrested on Monday and appeared in the Parramatta Local Court yesterday where…