April 3, 2014 |
Sounding alarm over an especially sinister new wave of cybercrime, regulators are warning bankers that hackers have succeeded in changing the controls on automated teller machines to allow thieves to make nearly unlimited withdrawals. The hackers often schedule the withdrawals for holidays and weekends, when extra dollars are loaded into ATMs and monitoring by the banks drops off, an umbrella group for financial regulators said Wednesday. The U.S. Secret Service is calling the scam Unlimited Operations because it circumvents the usual caps on ATM withdrawals, enabling the criminals at times to extract far more than depositors have in their accounts.
CALIFORNIA | LOCAL
March 25, 2014 |
SACRAMENTO - Millions of dollars in welfare benefits are ending up in banks' pockets each year when poor Californians access their taxpayer-funded benefits, according to state statistics and a report released Tuesday. Like many other states, California issues electronic cards to welfare recipients so they can withdraw public assistance from ATMs. Last year, $18.9 million was spent on ATM fees. The year before they topped $19.4 million. The state welfare system allows recipients to make four free withdrawals per month at ATMs run by MoneyPass, part of U.S. Bank.
February 19, 2014 |
Perhaps diehard Devo fans can untangle their best songs to identify the jerky stabs that Bob Casale (known to fans as Bob2) made with his strings and keyboard pokes, but I rarely saw the point. Whether it was Bob2, who died Tuesday at age 61, his brother Gerald Casale, Mark Mothersbaugh or his brother Bob Mothersbaugh (Bob1), who made which noise didn't matter within the tight confines of "Gut Feeling," "Uncontrollable Urge," "Gates of Steel," "Penetration in the Centerfold" or the dozens of others.
February 4, 2014 |
WASHINGTON - A Target Corp. official told a Senate committee that a massive security breach affecting up to 110 million holiday shoppers lasted three days longer than previously thought. Chief Financial Officer John Mulligan disclosed the latest information in written testimony at a hearing Tuesday before the Senate Judiciary Committee, which is considering ways to protect consumers' personal information. The malicious software that enabled hackers to steal information from credit and debit cards from Nov. 27 to Dec. 15 was later found on 25 additional checkout machines and continued to collect shoppers' information for three more days, Mulligan wrote.
February 4, 2014 |
UCLA is among the first schools to offer recruits the option of signing their letter of intent on Wednesday electronically instead of sending in via a fax machine. Recruits will be able to sign and fill out documents via computer or mobile device using SignNow by Barracuda. "The technology provides accurate time stamps and ensures that we receive the signed contracts as soon as they are executed," said Matt Elliott, UCLA's associate athletic director for compliance. Now, instead of worrying about not having paper in a fax machine, schools will have to worry about hackers.
January 16, 2014 |
Marlise Munoz is dead. Yet her body is in a hospital intensive care unit, maintained on a ventilator. Why? The 33-year-old paramedic and mother of one from Fort Worth, Texas, apparently suffered a fatal pulmonary embolism in her home Nov. 26. She was found by her husband, Erick, who is also a paramedic, unconscious on their kitchen floor. She had lain there, not breathing, for some minutes. She was taken to nearby John Peter Smith Hospital, where doctors put her on ICU technologies, including a ventilator, and restored a heartbeat.