Legal

1159 articles tagged with this keyword

/Legal

Oz banks baulk at data breach notification laws

The Australian Bankers' Association has hit out at government proposals floating the introduction of mandatory data breach notification laws, claiming that they would cause "unnecessary alarm".

/Legal

Former CME software engineer pleads guilty to code theft

A former senior software engineer at CME Group has admitted to stealing source code from the Chicago-based exchange operator at the same time as he was working to boost the technological performance of a Chinese bourse.

/Legal

Romanian hackers plead guilty to attacks on Subway store POS systems

A couple of Romanians have pleaded guilty to their part in a scam that saw the point-of-sale systems of hundreds of US Subway sandwich shops hacked, thousands of cards compromised and millions of dollars stolen.

/Legal

Cyber crooks targeting bank employees - FBI

A spate of attacks on US financial institutions has seen criminals obtaining bank employee login details through phishing and keylogging and using the information to wire themselves hundreds of thousands of dollars, the FBI is warning.

/Legal

US retail federation threatens legal action over $7.25bn interchange settlement

America's National Retail Federation (NRF) says it will go to court to block a $7.25 billion class action settlement with Visa and MasterCard over credit card interchange fees.

/Legal

US court dismisses bank's counter-suit against hacked customer

A US court has rejected BancorpSouth's counter-suit against a former commercial customer it sought to hold liable for losses related to an ACH and wire fraud case.

/Legal

Halifax worker arrested over £700k theft

A Halifax worker has been arrested on suspicion of stealing around £700,000 from the bank's cash machines.

/Legal

HSBC banker sues Yahoo Singapore over online imposter

A Singapore-based HSBC banker has filed a lawsuit demanding that Yahoo hand over details of a user who impersonated him on its Web site and made offensive remarks about locals.

/Legal

Thomson Reuters extends FXall tender offer; agrees to settle class action suit

Thomson Reuters has filed an application to settle a class action lawsuit over its proposed acquisition of multi-bank foreign exchange portal FXall and extended its $616 million tender offer by three days.

/Legal

Users sue Bitcoin exchange over $460k in missing funds

Bitcoin exchange Bitcoinica is being sued by four former users who allege they are owed nearly half a million dollars-worth of the virtual currency, plus damages.

/Legal

Former Goldman programmer arrested again over HFT code theft

Sergey Aleynikov, the former Goldman Sachs programmer who had his conviction for stealing the bank's propriety HFT code overturned earlier this year, has been hit with fresh charges.

/Legal

Former Lloyds online security head pleads guilty to £2.46m fraud

Lloyds' former head of fraud and security for digital banking has pleaded guilty in connection with a £2.46 million fraud.

/Legal

Chase ATM skimmer jailed for 5 years

A man who went on a year-long skimming spree, targeting Chase Bank ATMs in four US states and stealing more than $400,000 from victims, has been jailed for five years.

/Legal

Mitek ups the ante in legal battle with USAA

Mobile cheque imaging outfit Mitek has raised the stakes in its ongoing legal battle with online army bank USAA to include claims for defamation and unfair business practices.

/Legal

Pulaski accuses rival bank and former employees of data theft

Missouri-based Pulaski Bank has filed a lawsuit against rival First State Bank and three former employees alleging the theft of customer information, loan files and confidential trade secrets.

/Legal

US retailers reach $7.25 billion interchange settlement with card schemes and banks

US retailers have reached a $7.25 billion class action settlement with Visa, MasterCard and nine major credit card issuers, ending a seven-year legal dispute over interchange fees.

/Legal

WikiLeaks claims banking blockade court victory

An Icelandic court has ordered local card acquiring outfit Valitor to reopen a gateway to WikiLeaks, giving the whistleblowing Web site its first victory against the banking blockade that has choked off its money supply for over a year.

/Legal

Square sets lawyers on mPowa over Web site pic

Square seems to be getting a bit shirty with mPowa, calling in lawyers to demand the upstart rival remove from its Web site an image that bears a striking resemblance to one on Jack Dorsey's baby's own portal.

/Legal

Ex-Citigroup VP gets eight years for $23m embezzlement

Former Citigroup treasurer Gary Foster has been sentenced to just over eight years in jail for embezzling nearly $23 million from the bank.

/Legal

Crooks jailed over online banking theft

Two men who used the SpyEye malware to steal around £100,000 from online bank accounts have been jailed by a London court.