TD Ameritrade's 6 million customers hit with security breach
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TD Ameritrade warned customers Friday that its client database suffered a security breach, potentially putting their social security numbers and trading information at risk.
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Alliance Data Systems Corp , a credit card transaction processor, became the latest leveraged buyout to encounter turmoil on Monday, as it said a $6.76 billion buyout by private equity firm Blackstone Group LP  was in jeopardy for regulatory reasons.
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US consumers and businesses have lost an estimated 500 million dollars to a relatively new Internet scam known as &quot;phishing,&quot; according to a survey released this week.
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A data breach that exposed personal information on more than 6.2 million TD Ameritrade customers may have occurred in 2006, about a year before the brokerage disclosed the incident.
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Banks selling up to 4.5 billion euros ($5.6 billion) worth of Deutsche Telekom shares are taking on a high level of risk in a sign of continued aggressive bidding on such deals, market sources said.
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Massachusetts Secretary of State William F. Galvin sought more details from TD Ameritrade Holding Co. this week after the Nebraska online brokerage disclosed a breach of its database that may have compromised personal data of all its 6.3 million accounts. In a letter dated Sept. 17, Galvin's office asked TD Ameritrade for more description of the data breach and server ...
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An Eastern European cybercrime gang hacked into seven U.S. brokerages as part of a stock manipulation scheme that netted it millions of dollars.
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At least 94 million Visa and MasterCard accounts may have been exposed to potential fraud in a data breach at TJX, more than double the previous estimate by the discount retailer.
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The Microsoft division chief unloaded $6.1 million in stock before announcing the problem.
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More than three million customers of global banking giant HSBC have been left vulnerable while banking over the internet for more than two years because of a security flaw, a newspaper reported.
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Online brokerage Ameritrade Holding Corp. (AMTD.O: Quote, Profile, Research) said on Friday that customer stock trading activity surged 26 percent during November, and has risen
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TD AMERITRADE pulls off a record quarter.
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About a dozen brokerage firms are suspected of failing to secure the best available price for stocks they were trading for their customers.
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Intruder gained access to database holding personal information for up to 600,000 elderly and disabled Californians.
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The number of security attacks reported by mobile phone operators in 2006 jumped fivefold over the year before, a McAfee Inc. study reported Monday.
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The vendor issued an alert to some customers, telling them to run the flawed application in order to get it fixed.
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(InfoWorld) - A subcontractor working for a company that processes and fulfills orders for the Disney Movie Club sold credit card numbers and other account information belonging to an unknown number of customers to undercover law enforcement agents. The May 2007 incident has prompted Disney to send out letters to an unspecified number of customers informing them about the breach. Disney did not respond to requests for comment about the incident. But Brad Van Duser, an Atlanta-based customer of the company's movie club, received the letter and made it available to Computerworld. The letter is dated July 6 and signed by John Flynn, vice president of online digital and directing marketing for Buena Vista Home Entertainment, a division of The Walt Disney Co. In it, Flynn said the incident involved an employee at Alta Resources Inc., a Neenah, Wis.-based outsourcer working for Disney. According to Flynn, the employee sold credit card information including names, addresses, credit card numbers and expiration dates to law enforcement authorities in an undercover sting operation. Flynn said Disney had been assured that card security codes, such as the CVV code, had not been compromised in the incident. "Law enforcement officials have informed us that there is no indication that your information was used to make improper purchases or sold to anyone other than federal law enforcement agents," Flynn said in his letter. "Nevertheless, in an abundance of caution, we have informed representatives of Visa, MasterCard, American Express and Discover of these events." The letter urged recipients to contact the financial institutions that issued their credit cards if they had any questions regarding their accounts. But it did not mention any free credit monitoring services, an option many companies have offered in similar situations. Van Duser said he was surprised by the incident. "As a customer, what surprised me the most was that even after all of the security breaches reported in the news recently that a large, reputable company like Disney had not taken steps to thoroughly protect my credit card information," he said in an e-mail. "And then when the breach occurred, they didn't offer a credit monitoring or other service." The Disney incident is the latest in a seemingly endless stream of breaches being disclosed by major companies this summer. Just this week it was disclosed that Kingston Technologies Inc., a maker of computer memory technologies, sent out letters to about 27,000 customers in connection with a September 2005 data breach that the company did not discover until recently. Western Union made a similar disclosure, announcing that it was notifying about 20,000 customers of a potential compromise of their personal data following the discovery of a database intrusion. Such incidents have heightened consumer concerns and pushed several states to consider or enact laws requiring retailers and other entities handling credit card data to implement safeguards for protecting the data. One of the most closely watched of these laws is California's proposed AB 779 legislation, which would require breached entities such as Disney to disclose more details about security breaches, including a description of the categories of personal data that might have been compromised. In addition, the law would also hold breached entities financially liable for the costs incurred by banks and credit unions to notify customers of a breach and to subsequently block and reissue cards.