Tag Archive for: cybertheft

Chinese Hackers Charged In Alleged Cyber-Theft Of 145 Million Americans’ Data – NPR

  1. Chinese Hackers Charged In Alleged Cyber-Theft Of 145 Million Americans’ Data  NPR
  2. How 4 Chinese Hackers Allegedly Took Down Equifax  WIRED
  3. Chinese Government Hackers Charged With Massive Equifax Hack  Forbes
  4. Chinese Hacking Is Alarming. So Are Data Brokers.  The New York Times
  5. Chinese Hackers Charged in Equifax Breach  Federal Bureau of Investigation
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Justice Department Charges Chinese Hackers In Bid To Curtail Cyber-Theft – NPR

  1. Justice Department Charges Chinese Hackers In Bid To Curtail Cyber-Theft  NPR
  2. Chinese hackers charged with stealing data from NASA, IBM, and others  The Verge
  3. U. S. charges Chinese hackers in alleged theft of vast trove of confidential data in 12 countries  The Washington Post
  4. Justice Charges Chinese Hackers  Multichannel News
  5. US charges Chinese hackers in global scheme targeting business and military  CNN
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Tennessee firm blames bank for $193K cybertheft

A lawsuit filed in Tennessee earlier this month has resurfaced questions about a bank’s responsibility in protecting customers against cyberheists.

TEC Industrial Maintenance & Construction (formerly Tennessee Electric Company) is seeking to recover about $ 193,000 that was stolen from its bank account by a gang of Russian cyberthieves in May 2012.

In a lawsuit, the company blamed its financial institution, Trisummit Bank, for the loss and claimed the theft happened only because the bank failed to follow agreed upon security practices. The lawsuit accuses TriSummit of negligence, breach of contract and fraud.

Details of the lawsuit were first reported by security blogger Brian Krebs on Wednesday.

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