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joeybaker : bankincompetence   26

Millions of bank loan and mortgage documents have leaked online
A trove of more than 24 million financial and banking documents, representing tens of thousands of loans and mortgages from some of the biggest banks in the U.S., has been found online after a server security lapse. The server, running an Elasticsearch database, had more than a decade’s worth…
securityNegligence  informationObscurity  bankIncompetence 
12 weeks ago by joeybaker
Hackers steal 2 billion rubles at Russia's central bank
The Bank of Russia confirmed the heist to CNNMoney on Friday. Hackers tried to steal 5 billion rubles, but the central banking authority managed to stop them and redirect the funds, according to
bankIncompetence  informationSecurity 
december 2016 by joeybaker
On Wall Street, a high-ranking few still avoid email
In an age when most bankers use keyboards to communicate with each other, a small group of the Wall Street elite refuses to say anything substantive in an email, text or chat, and some will not
november 2016 by joeybaker
Got bank? Election could create flood of marijuana cash with no place to go
October 31 Although the sale of marijuana is a federal crime, the number of U.S. banks working with pot businesses, now sanctioned in many states, is growing, up 45 percent in the last year
bankIncompetence  governmentIncompetence  drugProhibition 
october 2016 by joeybaker
Everything we know about the great Indian debit card hacking
One of the biggest security breaches in the history of India’s banks was uncovered last week, placing millions of debit card users at risk. Customers of India’s biggest lenders, including the State
bankIncompetence  informationSecurity 
october 2016 by joeybaker
The new rule that could save the US from billions in bailouts
The US has taken another step out of the bailout business. And despite warnings from Wall Street, all is calm. Well, unless you run a “prime” money market fund, which invests in assets other than the
bankMalfeasance  governmentIncompetence  bankIncompetence  win 
october 2016 by joeybaker
Re: [TLS] Industry Concerns about TLS 1.3
Hi Andrew, My view concerning your request: no. Rationale: We're trying to build a more secure internet. Meta-level comment: You're a bit late to the party. We're metaphorically speaking at the stage
informationSecurity  bankIncompetence 
october 2016 by joeybaker
Wells Fargo fired the whistleblowers who reported massive fraud, and that's a crime
CNN Money has found multiple whistleblowers from Wells Fargo who were willing to go on the record and report that they were fired in retaliation for coming forward to report the massive fraud in
governmentIncompetence  corporateLies  policeIncompetence  corporateCorruption  corporateIndemnity  bankMalfeasance  bankIncompetence 
september 2016 by joeybaker
Wells Fargo Fined for Years of Harm to Customers
Wells Fargo employees opened roughly 1.5 million bank accounts and applied for 565,000 credit cards that may not have been authorized by their customers, regulators said. For years, Wells Fargo
bankMalfeasance  corporateLies  bankIncompetence  corporateIncompetence  corporateIndemnity  corporateCorruption 
september 2016 by joeybaker
Exclusive: SWIFT discloses more cyber thefts, pressures banks on security - Reuters
SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its member banks as it pressured them to comply with security procedures instituted after February's
bankIncompetence  informationSecurity 
august 2016 by joeybaker

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