Tags Financial services

Hacker, money launderer sentenced to prison for scamming tax preparers and COVID-19 relief programs

by Tim Starks • 4 weeks ago

The scheme, which included a money laundering operation, netted $280,000 from COVID-19 relief in one state alone.

SEC fines brokerage firms over email hacks, customer data exposure

by Tim Starks • 4 weeks ago

Collectively, the companies will pay $750,000.

Apple, JPMorgan Chase bosses among industry heads set to gather at White House for cyber 'call to action'

by Tim Starks • 1 month ago

The administration expects to make "concrete announcements" about tackling root causes of cyberattacks, a senior official said.

Fintech company Plaid, consumers reach $58M settlement agreement in privacy suit

by Tim Starks • 2 months ago

Plaid also must reduce the amount of data it stores and give customers more information about its security practices.

FIN7 'technical guru' sentenced to 10 years in prison

by Sean Lyngaas • 6 months ago

Prosecutors described Hladyr as a "technical guru" integral to FIN7's operations.

Banking organizations dub proposed US cyber notification regulation 'burdensome'

by Tim Starks • 6 months ago

The banking groups say they support the rule's policy goals, but want to alter its reporting threshold.