Financial Services
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Stolen NY Life Insurance laptop had customer info
August 14, 2009 from: Office of Inadequate Security
For the second time in as many months, New York Life Insurance is notifying customers of a data breach. In the newest incident, a laptop containing unencrypted customer information was stolen from an employee’s vehicle in a “smash and grab.”
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From the Web
Opinion: Heartland CEO Must Accept Responsibility
August 13, 2009 from: Office of Inadequate Security
An opinion statement from Mike Rothman on Heartland CEO Bob Carr's recent blame for their breach earlier this year on the PCI QSA firm that performed their PCI Certification. What do you think?
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From the Web
Last conspirator in $5 million fraud ring sentenced
August 01, 2009 from: Office of Inadequate Security
Dana J. Boente, U.S. Attorney for the Eastern District of Virginia, announced that all seven conspirators have now been sentenced for stealing more than $5 million through a fraud scheme involving identity theft and credit card, bank and mortgage fraud.
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From the Web
Clampi Trojan stealing online bank data
July 31, 2009 from: Office of Inadequate Security
Hundreds of thousands of Windows computers are believed to be infected with a Trojan called “Clampi” that has been stealing banking and other login credentials from compromised PCs since 2007, a security researcher said on the eve of the Black Hat security conference.
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Leahy reintroduces data breach bill
July 23, 2009 from: Office of Inadequate Security
Senate Judiciary Chairman Patrick Leahy (D-Vt.) has reintroduced a data breach bill that would set tougher rules for government agencies and private sector firms regarding consumers’ personal information.
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From the Web
Identity Theft and Phishing and How Affects Financial Institutions
July 06, 2009 from: Writing Secure Software
In the USA, online fraud has overtaken viruses as the greatest source of financial loss. Among on-line fraud threats, phishing represents a major threat for financial institutions and according to the Anti-Phishing group organization, 93.8% of all phishing attacks in 2007 are targeting financial institutions.
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