bank of america

Cyberthieves steal $400,000 from Bank of America

Residents and city workers in Burlington, Wash., have been told to check their accounts after $400,000 was stolen from a city bank account.

City officials believe that the security breach resulted from the infiltration of a government account used to pay workers in the town, which is about 65 miles north of Seattle.

Although the exact amount of money stolen is not fully tallied, more than $400,000 has been transferred over the past two days, according to Seattle-based KOMO News.

The city first learned of the attack after an East Coast bank queried a number of account transfers … Read more

Chase site hiccups following similar Bank of America issues

The main site for Chase bank was temporarily inaccessible for some today, one day after Bank of America's online banking site had intermittent outages.

"*ALERT* Chase Online is working, though some customers may not get in on the first try. We appreciate your patience as we work through this," the Chase Twitter account tweeted this afternoon.

This morning the message was: "Chase.com is experiencing intermittent issues. We're working to restore full connectivity and apologize for any inconvenience." CNET was unable to access the consumer banking site, Chase.com, but able to get to … Read more

Bank of America 'brandjacked' by phony Google+ page

A fake Google+ page for Bank of America has put both the bank and Google in a bad light.

Just one day after Google rolled out its new business feature last Monday, a group of hackers set up a Google+ page using Bank of America's name, but without the bank's knowledge.

Designed to look just like an official BofA page, it was instead devised by people who tricked Google into letting them create a page with the bank's name and contact information, according to Sophos' Naked Security blog. Rather than promoting the bank, the page mocked it … Read more

The 404 850: Where Jill will do anything for love (podcast)

Aunt Jill's been busy with her own podcast Jill On Money, but today she joins us on The 404 to answer your financial questions. Listen to this episode to find out what each of us did as teenagers to make money, how kids today can make the most of their time, and the best way to handle your monthly credit card debt. Plus, Jill helps us out with another Tang That Tune, now with a video and audio intro thanks to Patrick and Jamey!

The 404 Digest for Episode 850

Listen and subscribe to Aunt Jill's podcast, Jill on Money! Check out #AuntJill's Twitter, and send her your questions!

Episode 850 Subscribe in iTunes (audio) | Subscribe in iTunes (video) | Subscribe in RSS Audio | Subscribe in RSS Video… Read more

Bank of America online banking down across U.S.

Bank of America's online-banking service is down for U.S. customers.

When users across the U.S. try to access their online banking, the Bank of America home page displays a message saying "online banking is temporarily unavailable." It provides no indication of when the service should be back up and running.

Bank of America has stopped short of calling the issue an outright "outage." Company spokeswoman Tara Burke told CNET in a phone conversation today that an update to BofA's Web site over the weekend is causing the "intermittent service disruptions." … Read more

Buzz Out Loud 1374: Zuckerberg pokes China (podcast)

On today's show, we get a brief appearance of Brian After Dentist, but it's not as fun as we hoped, because the poor guy was actually in pain. So, Donald and I soldier on, discussing how Google TV is probably just plain done for, Net neutrality is under attack from all sides, and how college may be useless for entrepreneurs but it's a crucial nerd breeding ground. Plus, in the future, we'll pay for everything in Jobses. Depressing. --Molly

Subscribe:  iTunes (MP3) |  iTunes (320x180) |  iTunes (640x360) |  RSS (MP3) |  RSS (320x180) |  RSS (640x360)… Read more

Bank of America cuts off WikiLeaks

Bank of America has added its name to a list of several financial institutions that have refused to process payments for WikiLeaks as the site reportedly readies a document release that targets the banking giant.

"This decision is based upon our reasonable belief that WikiLeaks may be engaged in activities that are, among other things, inconsistent with our internal policies for processing payments," the bank announced late yesterday.

The announcement comes on the heels of similar moves made by MasterCard, Visa, and PayPal earlier this month, which have limited WikiLeaks' ability to raise funds to support its Web … Read more

Bank of America Web site goes down Friday

Bank of America was investigating an outage on Friday that affected an unknown number of customers but had ruled out a cyberattack, a representative said.

"Our online-banking service is available," spokeswoman Anne Pace said in a telephone interview on Friday afternoon. "We ruled out a cyberattack, but are working with partners to determine the root cause."

Checks by CNET found the site down during the morning and afternoon, as late as 2:50 p.m. PST. Several readers reported the outage to CNET, and Business Insider reported that the site was down most of the morning. … Read more

Self-service setbacks at the high-tech ATM? Check

Technology can improve the customer experience. This usually translates into more money for the company doing the improving.

So-called self-service retail is a great example of this. For most purposes, I'm much happier using Expedia and similar services online than I was going to a travel agent's office in the old days. The recommendation engine, customer reviews, streamlined ordering system, and sheer scale of Amazon.com present for many things a vast improvement over traditional brick-and-mortar shopping.

This isn't always the case, of course. I find it stupefying that Lowes and Home Depot are the two chains … Read more