Burgerville has revealed a data breach impacting the chain which may have led to the theft of detailed credit card information belonging to customers.. The security incident was thought to be a "brief intrusion," according to the US restaurant chain, and was only investigated after the US Federal Bureau of Investigation (FBI) notified Burgerville of the intrusion on August 22. The link for this article located at ZDNet is no longer available. . A security incident at FreshBite has resulted in the unauthorized access of patrons' payment details, with investigations initiated by federal authorities.. Burgerville Data Breach, Credit Card Theft, Customer Info Security, FBI Notification. . LinuxSecurity.com Team
An Indian bank has lost nearly 944m rupees ($13.5m) after hackers withdrew the funds from ATMs around the world and made other fraudulent SWIFT transfers. . Pune-headquartered Cosmos Bank claimed the attackers first stole customer information by installing malware on the firm’s ATM server, before conducting the globally co-ordinated withdrawals in 28 countries on August 11. An alert from the FBI warned unnamed banks on Friday of an imminent “global Automated Teller Machine (ATM) cash-out scheme” but was unable to halt the sophisticated plot. The link for this article located at InfoSecurity is no longer available. . An Indian financial institution faced a $13.5 million loss from a sophisticated international ATM fraud, where cybercriminals infiltrated their server with malware. ATM Cash-Out Scheme, Financial Cyber Crime, Global Attack, Bank Security, Information Theft. . LinuxSecurity.com Team
The CEO of Bitcoin exchanger BitInstant has been arrested and charged with money laundering over allegations that he and another man sold more than $1 million in Bitcoins to buyers and sellers of drugs on the underground drug site Silk Road.. Charlie Shrem, 24, who ran BitInstant out of New York, is charged, along with Robert Faiella, with conspiracy to commit money laundering and operating an unlicensed money transmitting business, according to the complaint (.pdf), filed in the Southern District of New York. The charges come three months after the underground drug emporium was shuttered by law enforcement and its alleged founder, Ross Ulbricht, arrested. The link for this article located at Wired is no longer available. . The CEO of cryptocurrency exchange BitInstant faces accusations of facilitating the laundering of $1 million associated with the Silk Road narcotics market.. Bitcoin Exchange, Financial Crimes, Money Laundering, Cryptocurrency, BitInstant. . Alex
US federal prosecutors have unsealed the indictment of seven men who were allegedly involved in the Costa-Rica-based digital currency and exchange service, Liberty Reserve. Authorities in the US had already seized the service's domain, effectively shutting down its web site. late last week. The site's founder Arthur Budovsky Belanchuk, a former US citizen who now holds Costa Rican nationality, was arrested in Spain on Friday. The indictmentPDF charges the defendants with money laundering and conspiracy to operate an unlicensed money transmitting business and orders them to surrender all property in connection with the Liberty Reserve operation, including more than $6 billion the site is believed to have laundered since 2006. Millions of dollars of these proceeds have allegedly been deposited in bank accounts around the globe, including in Costa Rica, China, Russia and Morocco. The investigation involved officials from 17 countries. The link for this article located at H Security is no longer available. . late last week. The site's founder Arthur Budovsky Belanchuk, a former US citizen who now holds Cost. federal, prosecutors, unsealed, indictment, seven, allegedly, involved. . Alex
Whitaker began by explaining his business. Reich couldn The link for this article located at Wired is no longer available. . The story of a con man who orchestrated a massive fraud against Google, costing them $500 million, showcases the depths of digital deception and federal response. Fraud Investigation, Business Scams, Google Financial Loss. . Pooja Shah
U.S. law enforcement officials on Tuesday said 24 suspected hackers had been arrested on four continents in a sting operation targeting online financial fraud involving stolen credit card and bank information. . The two-year investigation, in which FBI agents posed as hackers on Internet forums, prevented more than $205 million in losses on more than 411,000 compromised consumer credit and debit cards, U.S. authorities in New York said. Eleven people were arrested in the United States, the FBI and the Manhattan U.S. Attorney's Office said. The 13 others were arrested in countries spanning from Britain to Japan, the authorities said. The link for this article located at MSNBC is no longer available. . A coordinated effort by federal agents intercepted potential losses exceeding $250 million, leading to the apprehension of 30 alleged cybercriminals worldwide.. Financial Fraud, Cybercrime, Hacking Sting, Law Enforcement, International Arrests. . Dave Wreski
McAfee has collaborated with security firm Guardian Analytics to uncover a ring of online banking criminals who specifically targeted corporate accounts with high balances. According to the two companies' white paper, the fraudsters have attempted to steal at least . The link for this article located at H Security is no longer available. . Explore the methodologies behind Operation High Roller, a significant cybercrime initiative aimed at infiltrating corporate banking accounts.. Online Banking Fraud, Corporate Account Security, Financial Crime Detection. . LinuxSecurity.com Team
Notorious spammer Alan Ralsky has been jailed for more than four years over his role in a masterminding a stock fraud spam campaign that made him an estimated $2.7m.. Ralsky, 64, from West Bloomfield, near Detroit, Michigan, was sentenced to 51 months while his son-in-law, Scott Bradley, 48, was imprisoned for 40 months over the same pump and dump stock fraud conspiracy involving thinly-traded stocks. Each pleaded guilty to wire fraud, money laundering and violations of the CAN-SPAM Act. Two other co-conspirators, who also confessed their involvement in the scam, were sentenced on Monday. Five others face a sentencing hearing later on Tuesday. The link for this article located at The Register is no longer available. . Ralsky, 64, from West Bloomfield, near Detroit, Michigan, was sentenced to 51 months while his son-i. notorious, spammer, ralsky, jailed, years, mastermind. . LinuxSecurity.com Team
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