Two Romanian natives residing in Queens, N.Y., were sentenced today to prison terms for a scheme to steal account information from bank customers throughout New York, New Jersey, and Connecticut by installing secret card-reading devices on ATMs, U.S. Attorney Paul J. Fishman announced. Ioan Leusca, a/k/a “Ionel Spinu,” 30, and Dezso Gyapias, a/k/a “Valentin Folea,”…
Two Sigma Analyst Charged With Confidential Data Theft
Chris Dolmetsch and Tiffany Kary report: An employee of Two Sigma Investments LLC, an $18 billion quantitative hedge fund, was charged by New York prosecutors with stealing computer data from the company, the latest in a growing number of proprietary financial firm theft cases brought by the Manhattan district attorney. Two Sigma sued Kang Gao,…
Church of Cyprus Hacked, 1,000 Account credentials leaked
Yesterday a hacker using the handle @security_511 posted a leak of data from the Church of Cyprus website ( https://www.churchofcyprus.org.cy/ ). The breach was announced on twitter and leaked data has been posted to pastebin. The Church of Cyprus website is the official website for the church and appears to just be a base for holding information…
UK: Barclays cybertheft involved cooperation of employee
Steve Gold has an update to a breach noted previously on this blog involving a gang that transferred funds from some Barclays customers’ accounts. At the time, it was suspected that one of the gang members had posed as an engineer to install a KVM device that enabled them to access the bank’s computer and…
KR: Data-leaked card firms may suffer some 100 bln won revenue loss on biz suspension
Yonhap News reports that penalties imposed by financial regulators following data leaks may really hurt card issuers’ bottom lines this year: The three credit card firms hit by recent massive data leaks may lose some 100 billion won (US$93.6 million) in revenues due to a three-month business suspension ordered by the country’s financial regulator, data…
UK: Durham County Council reassures pensioners after their information goes missing when a memory stick is lost
Here’s one I missed from earlier this month. Mark Summers reports: Council chiefs say security was not breached when a computer memory stick containing the personal details of thousands of vulnerable pensioners was lost. Clients of Durham County Council’s Care Connect warden service have been advised to set a new code on their key safe…