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)

Saturday, October 10, 2015

  • Investigation Underway After Plane Crashes into Buffalo Mountain in Unicoi County
  • Former Abingdon Assistant Town Manager Sent to Federal Prison for Two Years
  • ETSU Pharmacy School Leadership Change in the Works
  • Court Records: Kingsport Woman Collected Over $61,000 of Her Deceased Mother's Pension
  • Congressman Griffith: Stay of EPA Regs Too Late to Help Southwest Virginia Coal-Fired Plants
  • Kingsport Man Arrested for Drugs, Gun, Resisting in Bristol
  • Former State Senate Candidate From Hawkins County Announces Run For Representative Seat
  • Stars of "Big Stone Gap" Returning to SW Virginia This Weekend as Town Takes a Victory Lap
  • Two Bristol Men Arrested for Meth
  • U.S. Forest Service Deems Dam at Bark Camp Lake Hazardous
  • Federal Prison in Lee County on Soft Lockdown Following Assault of Warden
  • Greene County Jail Trustee Charged in Escape Attempt

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