Scope of bank data theft grows to 676,000 customers
N8 June 7th, 2005View/Print PDF Version
Bank employees used computer screen captures to snag customer data
News Story by Todd R. Weiss MAY 20, 2005 (COMPUTERWORLD) – What is thought to be the largest U.S. banking security breach in history has gotten even bigger.
The number of bank accounts accessed illegally by a New Jersey cybercrime ring has grown to 676,000, according to police investigators. That’s up from the initial estimate of 500,000 accounts police said last month had been breached.
Hackensack, N.J., police Det. Capt. Frank Lomia said today that an additional 176,000 accounts were found by investigators who have been probing the ring for several months. All 676,000 consumer accounts involve New Jersey residents who were clients at four different banks, he said.
Even before the latest account tally was made public, the U.S. Department of the Treasury labeled the incident the largest breach of banking security in the U.S. to date (see story).
This Identity Theft problem is only getting worse. If you don’t have some sort of ID Theft Coverage yet – get it! Personally, I found one that offers Restoration if your Identity gets stolen.
