1186 articles tagged with this keyword
News/Legal
A British student has been convicted for his part in a series of DDoS attacks carried out by the Anonymous collective against major firms, including PayPal.
06 December 2012
A US bank has finally settled with a former business customer after years of legal wrangling over who was responsible for the loss of more than $500,000 in a cyber-attack.
29 November 2012
An investigation into the data breach at South Carolina's department of revenue, which compromised 3.8 million social security numbers and 3.3 million bank accounts, has uncovered a series of security failings.
22 November 2012
Kweku Adoboli, the UBS trader accused of running up £1.4 billion of losses in unauthorised trading at Swiss bank UBS, has been jailed for seven years after being found guilty of two counts of fraud.
20 November 2012
Moneygram has agreed to pay $100 million to settle US charges that it criminally aided and abetted wire fraud and failed to maintain an effective anti-money laundering programme.
A Hong Kong man who carried out a cyber-attack on the island's stock exchange in a publicity stunt designed to promote his company's anti-DDoS services has been jailed.
12 November 2012
A US judge has granted Visa and MasterCard's $7.25 billion interchange settlement deal preliminary approval in the face of opposition from retailers.
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".
19 October 2012
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.
20 September 2012
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.
19 September 2012
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.
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.
11 September 2012
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.
29 August 2012
A Halifax worker has been arrested on suspicion of stealing around £700,000 from the bank's cash machines.
16 August 2012
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.
14 August 2012
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.
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.
13 August 2012
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.
10 August 2012
Lloyds' former head of fraud and security for digital banking has pleaded guilty in connection with a £2.46 million fraud.
07 August 2012
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.
01 August 2012
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