Financial Services
From the Web
Fiserv to Banks: Stay on Outdated Adobe Reader
March 08, 2010 from: Office of Inadequate Security
Brian Krebs reveals that Fiserv, a “Fortune 500 company that provides bank transaction processing services and software to more than 16,000 clients worldwide,” is urging customers not to use the most updated version of Adobe Reader.
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From the Web
19 more financial sector breaches from 2009
February 27, 2010 from: Office of Inadequate Security
Maryland has updated its web site to provide breach notifications that it has received since its last update. The newly posted notifications are for the period ending December 31, 2009, so there will likely be more to come for 2010
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From the Web
Banks, Businesses, Viruses and the UCC
February 24, 2010 from: Rsnake's blog at ha.ckers.org
There’s an interesting post over at Krebs On Security talking about some poor company that is going bankrupt because TD Bank allegedly will not give them their money back after it was stolen out of their account.
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From the Web
Customer Sues Bank After Phishing Attack
February 11, 2010 from: Office of Inadequate Security
A Michigan-based metal supply company is suing Comerica Bank, claiming that the bank exposed its customers to phishing attacks.
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From the Web
Proposed VISA/Heartland Data Breach Settlement May Pay Banks and Credit Unions Pennies on the Dollar – plaintiffs
January 20, 2010 from: Office of Inadequate Security
Banks and credit unions that issued VISA payment cards compromised by the Heartland Payment Systems data breach, the largest data breach in history, should carefully review the proposed settlement between Heartland and VISA.
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From the Web
Heartland in $60 mln settlement agreement with Visa
January 08, 2010 from: Office of Inadequate Security
Heartland Payment Systems Inc (HPY.N) said it reached a $60 million settlement agreement with Visa Inc (V.N), under which it will pay issuers of Visa-branded credit and debit cards for data security breach claims.
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From the Web
Heartland to pay up to $2.4 million to settle cardholder class action suit
December 21, 2009 from: Office of Inadequate Security
Under the terms of the settlement, Heartland says it will pay a minimum of $1 million and up to a maximum of $2.4 million to class members who submit valid claims for losses as a result of the intrusion.
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From the Web
Heartland pays Amex $3.6M over 2008 data breach
December 17, 2009 from: Office of Inadequate Security
Heartland Payment Systems will pay American Express $3.6 million to settle charges relating to the 2008 hacking of its payment system network.
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From the Web
BJ’s, Bank Not Liable for Credit Card Fraud
December 15, 2009 from: Office of Inadequate Security
Cumis Insurance Society and the credit unions it insures have failed in their lawsuit against BJ’s Wholesale Club and Fifth Third Bank over a 2004 breach that affected 9.2 million cardholders.
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From the Web
Judge dismisses shareholder lawsuit against Heartland (updated)
December 09, 2009 from: Office of Inadequate Security
A U.S. District Court judge in New Jersey has tossed out a class-action lawsuit filed by shareholders against Heartland Payment Systems, the credit card processor announced Wednesday.The judge granted Heartland’s motion to dismiss the action, which was filed in the wake of Heartland’s massive breach that was reported earlier this year, according to a company statement. No reason wa...
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From the Web
TX: Former VP of First Service CU convicted for bank fraud, ID theft
November 20, 2009 from: Office of Inadequate Security
A former Senior Vice President of Area Operations for First Service Credit Union in Houston has pleaded guilty to embezzling more than $30,000 from his former employer, United States Attorney Tim Johnson announced today.
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From the Web
Massive card processor breach in Spain affecting Europeans
November 18, 2009 from: Office of Inadequate Security
Back in October, this site reported that “tens of thousands” of Swedish banking customers and “tens of thousands” of Finnish banking customers had been affected by a breach in Spain that might involve a card payment processor.
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From the Web
NC loan processor sentenced for ID theft
November 17, 2009 from: Office of Inadequate Security
A former loan processor was sentenced Friday to to one year and one day imprisonment for wire fraud and aggravated identity theft charges. Senior United States District Judge James C. Fox also ordered Maria Lorena Croll, 24, of Raleigh, North Carolina, to pay restitution of $2,138.52.
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From the Web
Senate Panel Clears Data Breach Bills
November 05, 2009 from: Office of Inadequate Security
The Senate Judiciary Committee Thursday approved two companion bills that would require businesses and government agencies to notify individuals of security breaches involving sensitive personally identifiable information. Both bills go to the Senate for consideration.
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From the Web
Former Wachovia employee convicted of bank fraud and aggravated identity theft
October 28, 2009 from: Office of Inadequate Security
Juan Rombado, a former Wachovia Bank employee, has been convicted of bank fraud and aggravated identity theft arising from several schemes aimed at defrauding his employer through the theft of customer identities, United States Attorney Tim Johnson announced. Indicted and arrested in August 2009, Rombado pleaded guilty to both counts before United States District Judge Vanessa Gilmore.
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From the Web
Confirmed: Thousands of Hotmail passwords leaked online
October 05, 2009 from: Office of Inadequate Security
An anonymous user posted details of the accounts on October 1 at pastebin.com, a site commonly used by developers to share code snippets. The details have since been removed but Neowin has seen part of the list posted and can confirm the accounts are genuine and most appear to be based in Europe. The list details over 10,000 accounts starting from A through to B, suggesting there could be addition...
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