Information Protection and Security

The phishing schemes mainly targeted Bank of America and Wells Fargo online banking users and were run from Egypt. Criminals sought to duplicate the bank’s online banking portals by creating authentic-looking replicas; mass email messages were subsequently sent to a great number of Bank of America and Wells Fargo online users, directing them to the false websites and asking them to enter their secret account login details, as well as other types of sensitive personal information such as their bank account numbers, Social Security numbers and drivers’ license numbers.

A former employee of the Federal Reserve Bank in New York, Curtis L. Wiltshire, pleaded guilty today to one count of bank fraud and one count of aggravated identity theft for having obtained student loans using stolen identities.

Registrar stored credit cards in unencrypted format.
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According to court records, Azar accessed Supervisory Control and Data Acquisition (SCADA) computer systems belonging to Pacific Energy Resources of Long Beach, California, and caused the company to lose control of its computer systems around May or June of 2008.
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IDG News Service - A construction company in Maine is suing its bank after about $588,000 disappeared from its accounts, alleging the bank failed to spot suspicious account activity before it was too late.

he moral of such stories are that few sites are immune from such problems and you have to be skeptical wherever you go.
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Plea ends career of hacker described by feds as the mastermind of country's biggest data thefts.
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Plea ends career of hacker described by feds as the mastermind of country's biggest data thefts.
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Security professionals are being called on to band together to fight the highly organised cyber criminals of the world.