Elinor Mills reports: A Cyprus-based company accused of manipulating stocks on U.S. exchanges via compromised trading accounts denied the allegations on Friday, placing blame on “Russian swindlers.” A U.S. federal judge in New York agreed to freeze the assets of BroCo Investments on Tuesday, after the U.S. Securities and Exchange Commission filed a complaint alleging…
IRS security faults leave taxpayer information at risk
Michael Cooney reports: In this the heavy tax season where billions of dollars and tons of personal information is relayed to and from the government, it’s more disconcerting to hear that the Internal Revenue Service is still struggling to keep private information secure. A report out today from watchdogs at the Government Accountability Office says…
Prosecution expert: Hacker Albert Gonzalez does not have Asperger’s
Albert Gonzalez has less than one week to find out how many years he will spend in prison, and if the government has its way, it will be 25 years. And as to the defense’s claims that Gonzalez should be shown some consideration in the sentencing guidelines due to Asperger’s Disorder, well, the prosecution expert…
New 5/3 debit cards ‘safety precaution’
WOOD-TV reports: A security breach through a third-party payment company prompted Fifth Third Bank to send new debit cards to its customers as a safety precaution. Bank officials sent a letter to customers and said the debit cards may have been compromised, but other sensitive information, such as Social Security numbers, were not accessed. The…
Missouri State Senator Wants Docs to Invade Patients' Privacy
Meet Tom Dempsey, a threat to the privacy of women in Missouri. State Senator Dempsey recently introduced a bill, SB 792, that would have doctors invade their patients’ privacy and require doctors to try to give patients information that supports his religious agenda even if the patients do not want it. Emphasis added by me…
20 Banking Breaches So Far in 2010
Linda McGlasson of bankinfosecurity.com reports: There have been 171 reported data breaches so far in 2010, and 20 of these involve financial services companies. This means that in less than one quarter of the year, we already have seen nearly one-third of the 62 banking-related breaches reported in all of 2009. The rest of the…