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follow-up: US arm of RBS faces 141m U.K.P. lawsuit after admitting hackers breached security system
From: security curmudgeon <jericho () attrition org>
Date: Wed, 18 Feb 2009 09:28:16 +0000 (UTC)
---------- Forwarded message ---------- From: InfoSec News <alerts () infosecnews org> http://news.scotsman.com/scotland/US-arm-of-RBS-faces.4989997.jp The Scotsman 18 February 2009PART of Royal Bank of Scotland's operations in the United States faces a $200 million (£141 million) class action lawsuit after admitting hackers had breached security on its computer systems, it emerged yesterday.
The latest blow for RBS comes after a class action was filed in New York last month, accusing the bank and its directors of allegedly misleading investors when American shares were issued in 2007.
RBS WorldPay - the payment processing arm of Citiz ens Bank - has confirmed that, during a 30-minute period last November, thieves used 100 cloned pre-payment cards to withdraw a total of $9 million from 100 cash machines in 49 cities around the world.
The company said customers will not be liable for the losses against their accounts but American lawyers are worried that thieves may use stolen social security numbers from RBS WorldPay's computer systems to commit further fraud..
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