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Cotton Traders confirms that their website was compromised

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2008-06-11 10:45:54 by Evan Francen in The Breach Blog
...Traders Ltd Contractor/Consultant/Branch None Victims Customers Number Affected thought to be up to 38,000 Cotton Traders claims this figure is "widely inaccurate" but isn't supplying the correct figure Types of Data addresses and credit card details Breach Description Clothing firm Cotton Traders has confirmed that customers addresses...
 
Tags: cotton traders, credit card details, website, card details, information security standpoint, information, card, firm cotton traders, front-end server
 
 
 
 
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Analysis: Cotton Traders Hack A Warning For Business

2008-06-17 10:39:03 by Dave Lewis in Liquidmatrix Security Digest
 
...Traders credit card breach story that broke last week From IT PRO In many ways, Cotton Traders is an ordinary, mid-sized British business. The company, which is based in Altringham, Cheshire, was founded in 1987 by two former England rugby captains, Fran Cotton and Steve Smith. Today, Cotton Traders operates a mail-order business, including...
 
Tags: business, cotton traders, mail-order business, company maintains, company, british business, sales, article link, security breach
 
 
 
 
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The Fox and the Henhouse

2008-01-28 15:02:17 by Burton Group in Security and Risk Management Strategies Blog
 
...traders Societe Generale apologized for the losses, and explained a three-day delay in announcing the fraud publicly by saying that bank officials needed time to unwind as many of the fraudulent positions as possible in order to limit the bank¹s losses Although Societe Generale did not identify the trader responsible for the fraud in their...
 
Tags: societe generale, societe generale begins, yesterday societe generale, societe generale appears, risk management lessons, risk management, risk management personnel, plain vanilla futures, apparently
 
 
 
 
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The Fox and the Henhouse

2008-01-28 15:02:17 by Burton Group in Security and Risk Management Strategies Blog
 
...traders Societe Generale apologized for the losses, and explained a three-day delay in announcing the fraud publicly by saying that bank officials needed time to unwind as many of the fraudulent positions as possible in order to limit the bank??s losses Although Societe Generale did not identify the trader responsible for the fraud in their...
 
Tags: societe generale, societe generale begins, jerome kerviel, kerviel, yesterday societe generale, apparently, bank apparently, bank, prevent kerviel
 
 
 
 
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Economist.com - Confessions of a Risk Manager

2008-08-11 08:42:00 by Security Retentive in Security Retentive
 
...Traders saw us as obstructive and a hindrance to their ability to earn higher bonuses. They did not take kindly to this. Sometimes the relationship between the risk department and the business lines ended in arguments Tactfully explaining why we said no was not our forte. Traders were often exasperated as much by how they were told as by...
 
Tags: risk, risk manager, risk factors, risk-takers, business, business line, risk managers, risk department, business lines
 
 
 
 
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Poor IT security blamed for Societe Generale fraud

2008-02-20 14:00:00 by Editor in Computerworld Security News
 
French bank Societe Generale could have prevented fraud that cost it $7.2B by imposing tighter controls on traders, a report concludes
 
Tags: fraud, report concludes, tighter controls, cost, traders
 
 
 
 
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LPL Financial reports eighteen compromised logons

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2008-05-20 08:56:31 by Evan Francen in The Breach Blog
...traders and customers don't need access to them At this time, LPL has no specific knowledge that any customer information was accessed or misused as a consequence of the breach We also are unaware of any personal instance of identity theft related to these incidents LPL learned of the first incident on July 16, 2007 and took the following...
 
Tags: lpl financial, lpl, lpl financial recently, lpl recently, login information, information, information security governance, information privacy, data
 
 
 
 
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Tucson area Domino's Pizza customer information exposed

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2008-06-18 10:43:34 by Evan Francen in The Breach Blog
...Traders confirms that their website was compromised " breach. He makes a very good argument regarding accountability in credit card breaches. My responses to him are included Past Breaches Unknown
 
Tags: credit card transactions, credit card, credit card receipts, credit card breaches, card, pizza, receipts, information, tucson
 
 
 
 
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Are Stolen Credit Card Details Getting Cheaper?

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2008-07-15 15:36:12 by Dancho Danchev in Dancho Danchev's Blog - Mind Streams of Information Security Knowledge
...traders, and serving as the benchmark of efficiency in economic analysis. It relies crucially on the assumption of a competitive environment where each trader decides upon a quantity that is so small compared to the total quantity traded in the market that their individual transactions have no influence on the prices This can be easily...
 
Tags: price, average market price, market price, credit card, credit card details, details, market, competitive market equilibrium, credit card basis
 
 
 
 
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Automation Gone Wrong

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2008-09-10 21:00:04 by Julia Lim in ScienceLogic