Ericka Chickowski reports: A new court case brought to bear against Professional Business Bank by Village View Escrow Inc. continued the battle waged over who’s to blame for hacking attacks that leave small business accounts drained following online password theft. Filed in late June in the California Superior Court in Los Angeles, the case is…
Category: U.S.
New ACH Fraud Suit Filed
Tracey Kitten reports: A March 2010 incident of corporate account takeover has led to yet another legal dispute between a commercial customer and its former bank. [See the complaint.] California-based Village View Escrow Inc. on June 27 filed a complaint with the California Superior Court, Los Angeles, against Professional Business Bank, claiming the bank is liable for the $465,000 financial…
Settlement of yet another lawsuit against WellPoint /Anthem Blue Cross gets preliminary approval
If you feel like you need a scorecard to keep track of lawsuits against WellPoint or settlements involving WellPoint, it’s understandable. WellPoint recently settled a lawsuit by the Indiana Attorney General’s Office over delayed notification following a breach that occurred in 2009 and continued until after a customer notified them twice in 2010. Then they settled…
Toshiba confirms they were hacked; customers notified
Last week I noted that Toshiba appeared to have been hacked. Now they’ve confirmed it. John Oates reports: Toshiba says that unidentified hackers have stolen customer records belonging to 7,500 of its customers. Credit cards details were not compromised, but emails, addresses, passwords and phone numbers all went missing. Read more on The Register. A press release…
NE: ‘Unfortunate situation’ at Kitchen Place auction
We’ve known for a long time that when businesses fold, they may just dump records with sensitive information instead of disposing of them properly. And in many states, such actions would not necessarily be illegal. Here’s a timely reminder from Nebraska about a bankruptcy auction involving the Kitchen Place: Two file cabinets that…
IN: Parents worried about info breach at college savings program
WTHR reports: … Outside one of the nation’s largest student loan servicing centers is a warning: someone’s watching. But it’s the inside job David Miller is concerned about. He just learned the 529 College Savings accounts for his 16-year-old son Zach and 13-year-old son Noah were breached. The suspect is an employee at another Sallie…