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Data Leakage News

ID Theft Victims Find Difficult to Clear Their Names

The latest report, published by Nationwide Mutual Insurance, says that 25% of Americans who fall victim to identity theft find it a struggle to clear their name.

CardSystems Solutions Is to Close in Consequence of Private Data Leakage

Credit card processor CardSystems Solutions, which potentially exposed more than 40 million cards of all brands to fraud, is likely to close, because two of its main customers, Visa and American Express, has decided to cancel their business partnership with CardSystems. Company's CEO John Perry tells the US House of Representative that if two credit card giants don't reconsider, CardSystems will Р’В«be forced to permanently close its doorsР’В».

Wells Fargo Bank Finds a Way to Profit from its Weak Security

Wells Fargo experienced several security incidents that put hundreds of thousands of customers into risk of ID theft. Nevertheless the bank has found a way to profit from the problem.

Private Data Leakage Cost ChoicePoint $11.4M

Credit and personal information vendor ChoicePoint Inc. reported that it had spent $6 million in consequence of October 2004 data theft in the second quarter, which ended June 30. The second-quarter charge came on top of a $5.4 million charge the company had to take in the first quarter related to the same incident.

US Government Agencies Have Problems with IT-security

The GAO (General Accountability Office) criticized the SEC (Securities and Exchange Commission) last month. Audit performed by the GAO disclosed that the SEC has serious internal IT-security problems in dealing with critical financial information and accountancy practices. The importance of this revelation is strengthened by the fact that the SEC is responsible for auditing procedures and practices that should prevent fraud and ensure financial accuracy in other companies.

Private Data Leakage from Fiducial Business Services of Portland

Non-standard incident has occurred in Portland. Criminals, who probably were druggies, broke in the door at Fiducial Business Services and stole computers with backup private information for about 20,000 clients of a Portland tax business. The thieves, who left syringes and drug paraphernalia at the scene, took the equipment but no paper files.

New Private Data Leakage from Indian Call Centre

An Indian call centre worker is accused of selling personal information on 1,000 UK bank accounts for Р€4.25 each.

The details of the case were published by English newspaper The Sun. It reported that Indian criminal could copy more than 200,000 customer accounts a month, containing passwords, addresses, phone numbers and passport details. Potential actions of call centre insider could affect more than one UK bank, so the details have been handed to the police.

MasterCard: The Largest Theft of Credit Card Numbers

MasterCard International announced that it is notifying its member financial institutions of a breach of payment card data, which potentially exposed more than 40 million cards of all brands to fraud, of which approximately 13.9 million are MasterCard-branded cards.

Kodak Company: Private Data Leakage

Criminals have got private data that contained names, Social Security numbers, birth dates and benefits information of 5,800 former Eastman Kodak Co. workers. Those records were on a password-protected laptop that was stolen from a consultant's locked car trunk. The laptop belonged to Hewitt Associates, a human resources consulting firm working with Kodak on the administration of its employee benefit plans.

Private Data Leakage from Swiss Bank Julius Baer

Swiss private bank Julius Baer Holding AG has confirmed the theft of highly confidential client data from one of its units in the Cayman Islands, Forbes reported.

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