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Category: U.S.

FSA condemns weak controls at UBS that allowed rogue traders to flourish

Posted on November 7, 2009 by Dissent

Michael Herman reports: The Financial Services Authority (FSA) has fined UBS £8 million for weak controls that allowed staff in its private bank to make thousands of unauthorised trades with clients’ money and then hide the losses. It is the third-largest fine awarded by the FSA. Four private bankers in UBS’s London office were able…

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Chaminade posted Social Security numbers of thousands of students online

Posted on November 7, 2009 by Dissent

Chaminade University inadvertently posted confidential information, including Social Security numbers, of thousands of students, on its Web site for months, school officials said today. The posting of a report with the information was discovered Wednesday and the report was taken off the Web site and links disabled. An investigation determined the report was placed on…

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NARA admits violating internal policy on personal info

Posted on November 6, 2009 by Dissent

Ben Bain reports: The National Archives and Records Administration violated its information security policies by returning failed hard drives from systems containing personally identifiable information of current government employees and military veterans back to vendors. By agency policy, NARA is supposed to destroy the hard drives rather than return them, according to a top NARA…

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Milton Woman Charged In Patients’ Identity Thefts

Posted on November 5, 2009 by Dissent

The Associated Press reports: A Milton woman working at a Delaware medical office has been arrested for stealing patients’ information and opening credit card accounts. Delaware State Police say 41-year-old Diane Perrin used her position as a medical assistant from February 2008 to March to take 11 patients information and open credit card accounts. Read…

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MA: Williams College laptop stolen; 750 notified

Posted on November 5, 2009 by Dissent

Williams College in Williamstown reports a recent laptop theft. The laptop, which was stolen when an employee left it in a parked car in Boston on October 3, contained the names and Social Security numbers of 750 individuals from 39 states and several foreign countries. The college notified the New Hampshire Attorney General’s Office and…

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Men allegedly broke into computers of former employer

Posted on November 5, 2009 by Dissent

Dan Goodin reports on a case where former employees were allegedly able to continue to access databases, despite the company terminating old passwords: Scott R. Burgess, 45, of Jasper, Indiana, and Walter D. Puckett, 39, of Williamstown, Kentucky, both worked as managers for Indiana-based Stens Corporation until taking jobs with a competing company in Ohio,…

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