Wednesday, May 01, 2013

Cyberheist At Local Bank Prompts Lawsuit
Well over 300-thousand dollars lost for a local contractor due to a cyberheist. The contractor’s bank account was compromised and a lawsuit was filed in Sullivan County Circuit Court against the Kingsport bank. Now Tennessee Electric Company wants 2- million dollars in punitive damages and a compensatory judgment of nearly 200-thousand for the alleged unauthorized funds transfer from the TRISUMMIT Bank account. Still no comment from the Bank except for a written statement, that points to the fact that cybercrimes are a growing threat for individuals and the business world. TriSummit Bank claims in a press release that they have never been breached since their founding six years ago and security procedures have always met or exceeded industry standards. They claim that no financial institution can control the Internet and customers should utilize up-to-date anti-virus software and proper employee procedures. In this case bank officials entered into a banking agreement to give the contractor the ability to originate and receive Automated Clearing House transactions via personal computer. (bg)

Friday, November 27, 2015

  • Crash Update: Seat Belt May've Saved Teen's LIfe
  • Another Protest Staged in Abingdon Against Development Near Creeper Trail
  • 4 Face Sentencing Monday in Abingdon for Crystal Meth Ring
  • Kingsport City Manager Advocating "Shop Local"
  • Trio Charged with Domestic Assault in Hawkins County
  • Teen Hospitalized in Bristol after Crash into Creek
  • Elizabethton Man Arraigned on Rape, Burglary Charges
  • Gasoline Tanker Transport Crash in Big Stone Gap
  • Benjamin Shook Has Federal Sex Offender Trial Pushed Back
  • Convicted Synthetic Drug Dealer to be Sentenced Monday
  • Trump Campaign Names Southwest Virginia Leadership Team
  • Northeast TN Pair Jailed in SW Virginia for Grand Larceny
  • VDOT Stats: Traffic Deaths Up 50% in Bristol District
  • Some Tennessee Teachers Convicted of Crimes Still Collecting Pensions
  • Bristol, Virginia Councilman Reacts to Study to Move Bristol Pirates to Tennessee Side
  • UT Study: Gas Tax Hike Needed for Roads
  • Rape Suspect in Greene County Indicted
  • Bristol TN to Consider Study for New Minor League Baseball Study
  • VDOT Aims to Smooth Holiday Traffic by Lifting Lane Closures

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