OK, now this is somewhat disturbing: it appears that even when a bank was warned that accounts were about to be raided, they failed to prevent it. David Ramsay reports: TD Bank has notified the town it has recovered a portion of the $28,000 stolen on July 12 from the town’s direct deposit bank account….
Category: U.S.
Commentary: Belmont bank must pay fine for data breach, but was a fine too harsh?
Greg Turner reports: Belmont Savings Bank agreed to pay $7,500 in a settlement of a consumer data breach case with the state attorney general’s office. In May, the bank lost an unencrypted computer tape containing the personal information of more than 13,000 customers. A bank employee left the backup tape on a desk instead of…
Man sentenced in Sacramento for massive ID theft scheme
A Long Beach man accused of conducting a massive identity theft scheme was sentenced today in federal court in Sacramento to more than 12 years in prison. U.S. District Judge Morrison C. England Jr. sentenced That Tien Truong Nguyen, 34, to 12 years and seven months in prison for conspiring to commit computer fraud and…
UNLV says maybe they were breached, but if they were, it was in 2008??
Molly Waldron reports on a situation at University of Nevada Las Vegas: UNLV has reported a possible information security breach that took place in 2008. A spokesman at the school confirmed Tuesday evening that about 2,000 current and former UNLV employees, were being notified that their information, including Social Security numbers, may have been accessed….
TN: College, government officials among fraud victims in Gallatin area
There’s a rash of card fraud in Gallatin, Tennessee, and authorities have not yet identified the point of compromise. On July 20, Sarah Kingsbury reported: A recent outbreak of credit card fraud has victimized at least two dozen consumers around Gallatin and Hendersonville, including government and college officials. Volunteer State Community College Dean of Humanities…
Estée Lauder employees notified that their data were on stolen laptop
Another day, another stolen laptop with employee data. This time it’s New York-headquartered Estée Lauder. In a notification letter dated July 13 that omits important details, the firm’s lawyer writes that the company “recently learned” about the theft of a company-issued laptop that contained names and Social Security Numbers of current and former employees and…