An Occupy San Diego protestor holds a sign urging bank withdrawals while waiting to close her account in a Wells Fargo bank branch Wednesday, Nov. 2, 2011 in downtown San Diego. (AP Photo/Lenny Ignelzi)

Wells Fargo Fires 5,300 After Receiving $185 Million Fine For Fraud

Wells opened 1.5 million bank accounts and “applied” for 565,000 credit cards that were not authorized by their customers.

by ZeroHedge.com

Hackers May Have Used Pa. Company To Hit Target

NEW YORK (AP) — The hackers who stole millions of customers’ credit and debit card numbers from Target may have used a Pittsburgh-area heating and refrigeration business as the back door to get in. If that was, in fact, how they pulled it off — and investigators appear to be looking at that theory — […]

Hackers May Have Used Pa. Company To Hit Target

NEW YORK (AP) — The hackers who stole millions of customers' credit and debit card numbers from Target may have used a Pittsburgh-area heating and refrigeration business as the back door to get in. If that was, in fact, how they pulled it off — and investigators appear to be looking at that theory — it illustrates just how vulnerable big

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Associated Press

Associated Press

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No One Is Immune: Credit Card Use Now Requires Constant Vigilance

The stolen credit card information from Target has been found selling on the black market for between $20 to over $100 per card.

No One Is Immune: Credit Card Use Now Requires Constant Vigilance

In one of the largest breaches of consumer data security in American history, Target -- the nation’s second-largest “big box” discount retail chain -- reported that the credit and debit card information of 40 million customers were stolen. This data belonged to the shoppers

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Frederick Reese

Frederick Reese

Frederick Reese is lead staff writer for Mint Press specializing in race, poverty, congressional oversight and technology. An award winning data journalist and creative writer for over 15 years, Frederick has written about and worked for social advocacy projects and personal awareness efforts. Frederick is a jack-of-all-trades, with work experience as a teacher, a pastry chef and a story writer. Frederick has publication credits with Yahoo!, B. Couleur, and more. A native New Yorker, Frederick graduated from Colgate University in 1999 and Johnson & Wales University in 2003. Frederick started his journalistic career writing for his university’s newspaper, “The Colgate Maroon-News,” before starting and heading his own magazine, “The Idealist.” Most recently, Frederick received a data journalism award from the International Center for Journalists for his minimum wage coverage for MintPress. Follow Frederick on Twitter: @frederickreese

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Cyprus Works On Plan B To Stave Off Bankruptcy

Cypriot officials rushed Wednesday to find a new plan to stave off bankruptcy, a day after Parliament rejected an initial scheme to contribute to the nation’s bailout package by seizing up to 10 percent of people’s bank savings. Tuesday’s decisive rejection of the plan to take a slice of all deposits above 20,000 euros ($25,888) […]

Cypriot officials rushed Wednesday to find a new plan to stave off bankruptcy, a day after Parliament rejected an initial scheme to contribute to the nation's bailout package by seizing up to 10 percent of people's bank savings. Tuesday's decisive rejection of the plan to take a slice of all deposits above 20,000 euros ($25,888) has left the

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Associated Press

Associated Press

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Experts Suspect North Korea Behind South Korea Computer Crash

Computer networks at major South Korean banks and top TV broadcasters crashed simultaneously Wednesday, paralyzing bank machines across the country and prompting speculation of a cyberattack by North Korea. Screens went blank at 2 p.m. (0500 GMT), the state-run Korea Information Security Agency said, and more than seven hours later some systems were still down. […]

Computer networks at major South Korean banks and top TV broadcasters crashed simultaneously Wednesday, paralyzing bank machines across the country and prompting speculation of a cyberattack by North Korea. Screens went blank at 2 p.m. (0500 GMT), the state-run Korea Information Security Agency said, and more than seven hours later some systems

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Associated Press

Associated Press

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Rash Of Identity Theft Affects Millions, Including Rich And Famous

(Mint Press) – The credit bureau Equifax has confirmed Tuesday that identity thieves have stolen credit reports from AnnualCreditReport.com. The criminals now potentially have personally-identifiable information on up to 200 million Americans. Among the individuals that had their personal information stolen are First Lady Michelle Obama, Vice-President Joe Biden, FBI Director Robert Mueller, Los Angeles […]

(Mint Press) - The credit bureau Equifax has confirmed Tuesday that identity thieves have stolen credit reports from AnnualCreditReport.com. The criminals now potentially have personally-identifiable information on up to 200 million Americans. Among the individuals that had their personal information stolen are First Lady Michelle Obama,

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Frederick Reese

Frederick Reese

Frederick Reese is lead staff writer for Mint Press specializing in race, poverty, congressional oversight and technology. An award winning data journalist and creative writer for over 15 years, Frederick has written about and worked for social advocacy projects and personal awareness efforts. Frederick is a jack-of-all-trades, with work experience as a teacher, a pastry chef and a story writer. Frederick has publication credits with Yahoo!, B. Couleur, and more. A native New Yorker, Frederick graduated from Colgate University in 1999 and Johnson & Wales University in 2003. Frederick started his journalistic career writing for his university’s newspaper, “The Colgate Maroon-News,” before starting and heading his own magazine, “The Idealist.” Most recently, Frederick received a data journalism award from the International Center for Journalists for his minimum wage coverage for MintPress. Follow Frederick on Twitter: @frederickreese

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Supreme Court Ruling Could Cheat Us Of Consumer Rights Against Major Corporations

(MintPress) – The U.S. Supreme Court (SCOTUS) began hearing Italian Color v. American Express Wednesday, a case that could cheat the rights of consumers to hold corporations accountable for fraud, antitrust violations or any other abuses of current consumer and worker protection laws. By eliminating the possibility of legal arbitration, consumers and small companies would be […]

(MintPress) - The U.S. Supreme Court (SCOTUS) began hearing Italian Color v. American Express Wednesday, a case that could cheat the rights of consumers to hold corporations accountable for fraud, antitrust

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