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Tag Archive: bank

First International Mobile Money Transfer

First International Mobile Money Transfer

There are plenty of Polish people living and working in Britain, some permanently, some temporarily, and they send £1 billion a year home. Now, those who have a NatWest Polish Welcome account can send money back to Poland to accounts run by Polish bank PKO BP using mobile phone transfers, says silicon.com.

NatWest claims to be the first UK bank to allow international money transfers via mobile. Customers don’t pay any commission for the service, and the bank hopes to have more countries and banks available soon.

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World Bank Under Hack Attack?

World Bank Under Hack Attack?

According to Fox News, hack attacks have compromised World Bank servers at least six times in the last year. They say they have internal memos from the bank citing two attacks from IP addresses in China and a large malware infection.

Fox claims that the memos recommend erase and reinstalled to erase the malware and that security procedures be upgraded, as well as 4,500 passwords be changed, stating that an e-mail from July called it all an “unprecedented crisis.”

However, the World Bank takes issue with those claims. In a statement it said:

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12.5 Million Hit By Bank Data Breach

In February the Bank of New York Mellon lost a number of unencrypted tapes containing details of customers, including names, address, Social Security numbers and birth dates. At the time it said 4.5 million customers has been affected, and in May Connecticut Governor Jodi Rell announced a probe into the data breach.

Now, according to Reuters, the bank has admitted the real figure of those involved in 12.5 million, making it the largest US data breach this year.

In a statement, Gov. Rell said:

“The vast dimensions of this data breach affect not only hundreds of thousands of individuals and businesses in Connecticut, but millions across our nation.”  Read more...

Canadian Credit Information Stolen

The security breach was confirmed Monday by Equifax Canada Inc., a major national consumer-credit reporting agency.

By gaining access to the files, criminals have obtained social-insurance numbers, bank- account numbers, credit histories, home addresses, job descriptions, the names of spouses

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