
CT M&T Bank Customers Apparently Dodge Big Data Breach
A data breach tied to a piece of third-party software potentially exposed the personal information of over 95,000 Massachusetts M&T Bank customers.
A data breach tied to a piece of third-party software potentially exposed the personal information of over 95,000 Massachusetts M&T Bank customers.
The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled a hack that accessed the personal information of 106 million of the bank’s credit card holders.
A former Amazon software engineer arrested last month on charges she hacked into Capital One bank and more than 30 different companies has been indicted by a federal grand jury on charges she not only broke into the company’s computer system, but also stole computing power for her own benefit.
Data breaches through hacking attacks are distressingly common these days, and personal details about victims can lead to identity theft, such as credit cards and loans in a victim’s name. But it’s hard to pin the blame on any specific hack, as the most sophisticated criminals combine data from multiple attacks to better impersonate their targets.
A security breach at Capital One Financial, one of the nation’s largest issuers of credit cards, compromised the personal information of about 106 million people, and in some cases the hacker obtained Social Security and bank account numbers.
About 54,000 mortgage borrowers recently had their financial data exposed to identity thieves trolling around on the Internet. Borrowers had no hint that they were vulnerable, and many may still not know that a breach occurred.
Months after the world learned that the data of potentially 150 million Americans had been compromised, the fallout from the Equifax data breach is still reverberating throughout the financial services industry.
The catastrophic theft of 143 million consumers’ personal data from national credit bureau Equifax could cause financial grief for years for homebuyers and mortgage applicants.
Attorney General George Jepsen has opened a formal investigation Into the massive data breach at Equifax that potentially compromised the social security numbers, dates of birth, names and addresses of 143 million Americans.
Connecticut has joined with 31 other states and Washington D.C. in a $5.5 million settlement with Nationwide Mutual Insurance Co. and its subsidiary, Allied Property & Casualty Insurance Co., that resolves the states’ investigation into a 2012 data breach that exposed sensitive personal information of 1.2 million consumers across the country.
Connecticut has joined 46 other states and Washington D.C. in a $18.5 million settlement with Target Corp. to resolve the states’ investigation into the retail company’s 2013 data breach.