New York-based brokerage firm Liquidnet has agreed to pay a $2m settlement fee to the US Securities and Exchange Commission (SEC) over shortcomings in how the dark-pool owner guarded private data about firms using its platform. The investigations, which date back to 2011, found that the firm improperly allowed its Equity Capital Markets (ECM) desk, a…
Former restaurant employee charged with stealing customer info
Hospitality sector continues to pose a huge risk to the security of our payment card info, and insiders are often involved: A former restaurant employee is accused of stealing customers’ credit card information then using it to pay her own bills. Authorities charged Jolene Weisheit with fraud. Investigators say she used to work at the…
U.S. Military Says South Korea Databases Hacked, Personal Data Stolen
Cassandra Vinograd reports: The U.S. military said Thursday that a hacking attack may have stolen the personal data of more than 16,000 South Koreans employed by American forces. U.S. Forces Korea said in a statement that learned on May 28 that two databases storing personal information had been compromised. “No military or defense-related classified information…
New resource to help merchants understand PCI-DSS compliance
Back in 2010, while blogging about a POS breach at a small merchant, I noted that small merchants and Mom and Pop outfits weren’t getting enough information and support to be PCI-DSS compliant. One of my main resources for breaches in the hospitality sector has been Charles Hoff, JD, MBA. Charles has extensive experience representing…
Penn State U. – Hershey Patient Info Security Breach
Penn State Hershey Medical Center is notifying 1,801 patients that their health information could potentially be accessed by people not involved in their care. The medical center says the information is related to a type of test ordered by its women’s health or family medicine doctors and other medical offices in the community that use Penn…
UK: Basingstoke council apology over benefits data breach
A council leaked personal details of housing benefit claimants, including their dates of birth and national insurance details, in response to a Freedom of Information (FOI) request. Basingstoke and Deane sent letters of apology to 1,900 people, warning them their details had been disclosed. Read more on BBC.