Dan Goodin reports: A former London pizza delivery man faces a 10-year prison sentence after admitting he helped found the notorious DarkMarket forum for computer crime, several news sites reported. Renukanth Subramaniam, a 33-year-old Sri Lanka-born man from North London, pleaded guilty at Blackfriars Crown Court in London to conspiracy to defraud and furnishing false…
Category: Of Note
Online Banking and “Reasonable Security” Under the Law: Breaking New Ground?
David Navetta writes: With the report of another data security-related lawsuit involving online banking (another 2009 lawsuit referenced here involved an alleged loss of over $500,000), and a recent victory for a plaintiff on a summary judgment motion in a similar online banking data security breach case, the question arises whether online banking breaches will…
(follow-up) Kr: Website not responsible for data theft
This is one of the breaches in the top 10 list, where I had previously noted that some sources said 18 million were affected by the hack, while Auction claimed 10.8 million. Whatever the correct number, the online service was found not to be responsible for the breach. Joong Ang Daily Reports: A local court…
FINRA notifies Lincoln National of security vulnerability
A vulnerability in the portfolio information system for broker-dealer subsidiaries of Lincoln National Corporation potentially exposed the records of 1,200,000 people, 18,900 of whom are New Hampshire residents. By letter dated January 4, attorneys for Lincoln Financial Securities Corporation and Lincoln Financial Advisors notified the New Hampshire Attorney General’s Office that although an outside forensic…
CT Sues Health Net For Massive Security Breach (updated)
Attorney General Richard Blumenthal today sued Health Net of Connecticut, Inc. for failing to secure private patient medical records and financial information involving 446,000 Connecticut enrollees and promptly notify consumers endangered by the security breach. Blumenthal is also seeking a court order blocking Health Net from continued violations of HIPAA (Health Insurance Portability and Accountability…
ID theft and fraud defense: Multiple Personality Disorder?
Tom Witowsky reports on a case where lawyers for accused embezzler Phyllis Stevens are considering offering her psychiatric history of being treated for Multiple Personality Disorder as part of their defense in federal court. Stevens was indicted on 20 counts of money laundering, wire fraud, identity theft and computer fraud for allegedly embezzling nearly $6…