1231 articles tagged with this keyword
News/Legal
Ipreo Holdings, the operator of the bigdough institutional investor database, has filed suit against Goldman Sachs accusing the bank of copyright infringement and data theft.
07 May 2010
A former Societe Generale trader has been arrested by US authorities and charged with stealing propriety computer code used in the bank's high-frequency trading (HFT) system.
20 April 2010
US prosecutors have charged a Belarusian man with running a Web site designed to help identity thieves exploit financial information such as card numbers.
The CME is suing a Canadian foreign exchange broker, accusing it of trademark infringement and cybersquatting relating to the Globex name, according to Crain's Chicago Business.
16 April 2010
Around 79,000 customers are now believed to have been affected by the theft of data from HSBC's Swiss private banking arm by an IT employee, according to a French prosecutor who has launched a tax evasion investigation based on the information.
15 April 2010
A financial consultancy firm has been fined $375,000 by US authorities for a series of failures that enabled a criminal gang to hack into its database and steal the confidential information of nearly 200,000 customers.
13 April 2010
A man has been sentenced to 37 months in jail by a New York court for hacking into the online brokerage accounts of Charles Schwab customers and stealing around $246,000.
12 April 2010
South Africa's Standard Bank and telco MTN are being sued for up to $136 million by the head of a technology firm over claims the pair's mobile money joint venture infringed a patent.
09 April 2010
A Bank of America IT worker has been charged with hacking the firm's cash machine systems, enabling him to make withdrawals at ATMs without the transactions getting logged, according to IDG.
US Bank has been ordered by a jury to pay Texas-based DataTreasury $27 million over cheque processing technology patent infringements.
30 March 2010
Customers that see dodgy transactions on their cards and want to get their money back from the bank should skip the usual complaints procedure and sue, according to renowned Cambridge payments security expert Ross Anderson.
Computer hacker Albert Gonzalez has been sentenced to 20 years in prison for masterminding a string of cyber-attacks on retailers, including TJX, which resulted in the theft of tens of millions of payment card details.
26 March 2010
Russian authorities have arrested the alleged mastermind behind the 2008 cyber-attack on RBS WorldPay's computer network, which lead to the theft of over $9 million, according to the Financial Times.
23 March 2010
A gang of three London men have been jailed for a total of 14 years following a foiled attempt to steal an ATM machine containing a substantial sum of cash.
19 March 2010
Two computer programmers charged with aiding and abetting Bernard Madoff's massive ponzi scheme have been indicted by a US Grand Jury.
Interdealer broker Tullett Prebon has claimed victory in a bitterly-fought legal dispute with rival broker BGC that involved missing Blackberries and wiped computer records.
18 March 2010
A former Barclays Bank programmer has been sentenced to four years in jail for helping the infamous TJX hacker Albert Gonzalez launder his ill-gotten gains.
15 March 2010
Actress Lindsay Lohan is suing E*Trade for $100 million, claiming a "milkaholic" baby in a recent TV commercial from the online broker is based on her.
10 March 2010
Daniel Bonventre, the director of operations at Bernard Madoff's company has been arrested on charges of falsifying accounts to hide his boss's multi-billion dollar fraud.
26 February 2010
US m-banking supplier MShift has launched a patent infringement suit against Intuit subsidiary Digital Insight Corporation and users of its mobile banking technology platform. Community Trust Financial Corporation and Community Trust Bank are named as co-defendants.
23 February 2010
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.