A digital, marketing and communications firm serving US banks has been hit by a massive data breach that impacted more than half a million Americans. In a new filing with the Office of the Maine Attorney General, Marquis Software Solutions says it suffered a major data security incident affecting 672,075 people. According to Marquis, an…
A US bank is warning nearly 4,000 customers that their names, Social Security numbers and financial account information could be at risk after a data breach. Last May, the Florida-based Flagship Bank “became aware of suspicious activity within their environment” and launched an investigation, per a new filing with the Office of the Maine Attorney…
JPMorgan Chase says a data breach has exposed customers’ sensitive personal and financial information. In a filing with the Office of the Maine Attorney General, JPMorgan Chase says cybercriminals have breached a law firm that the bank works with, compromising the personal information of 659 customers. [adinserter block=”1″] The incident happened when a shared network…
A couple from Stone Mountain, Georgia says Wells Fargo denied their fraud claim for more than $5,000 in unauthorized charges made hundreds of miles from their home. According to local Atlanta news outlet WSB, Debbie Stanhouse says she regularly monitors the family’s checking account and quickly spotted suspicious activity. “I said, ‘Jim, we have got…
Two members of the Brazil, Russia, India, China and South Africa (BRICS) economic bloc are pouring hundreds of millions of dollars into a precious metal that Morgan Stanley expects to continue rallying this year. According to a World Gold Council report, Brazil and China collectively acquired 12 tonnes of gold worth approximately $1.88 billion in…
Hackers posing as representatives at Amazon and the Federal Bureau of Investigation have scammed an elderly Nebraska couple out of $250,000 in a prolonged fraud scheme that began with a simple email. Authorities say the 82 and 84-year-old victims received an email claiming there was an issue with an Amazon delivery and that they owed…
Billionaire Stanley Druckenmiller is pouring millions of dollars into a growth stock listed as a “buy” by some of America’s biggest banks and investment firms. A new 13F filing from Druckenmiller’s Duquesne Family Office reveals the firm bought 4,619 shares of MercadoLibre (MELI) in Q3 2025. The purchase amounts to about $11.09 million and continues…
Victims of a bank data breach are set to receive up to $3,000 each after a settlement was reached in a class action lawsuit. According to the settlement administration portal, impacted customers at Arizona-based Evolve Bank & Trust who file a claim and provide documentary evidence of losses resulting from the data breach stand to…
The Federal Reserve is now facing a whopping $1.06 trillion in unrealized losses on its balance sheet. The New York Federal Reserve Bank, which handles the Fed’s bond transactions, just disclosed the losses, linking them to the central bank’s tight monetary stance. The Fed’s bonds are losing value as the bank maintains higher-for-longer interest rates…
Billionaire Warren Buffett just sold about $3.23 billion of Berkshire Hathaway’s stake in Citigroup, Bank of America and Capital One. After eliminating Berkshire Hathaway’s stake in JPMorgan Chase and Wells Fargo in recent years, new filings show Buffett continues to place US banks on the chopping block. Berkshire has now also completely exited Citigroup, unloading…