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)

Wednesday, August 20, 2014

  • Organizers Prepare for Annual Asheville Topless Rally
  • Chafin Wins Puckett's Old Seat in Special Election
  • Woman Hits Two Others With Car After Johnson City Fight
  • Virginia Prepares for Same Sex Weddings
  • Smoke Shop Owner's Sentencing Hearing Delayed
  • No Kill Shelter Holds Ground Breaking Ceremony Today
  • Second Harvest Food Bank Still Looking for Volunteers
  • Business Gets $25,000 Incentive to Expand in Downtown Bristol
  • Johnson City Police Arrest A Man After He Fled a Traffic Stop
  • Kingsport Man is Arrested After Cursing a Police Officer and Chasing Her Down
  • New Peoples Bank is Consolidating Four of Its Branches in VA and WV
  • Mother Pleads Guilty in Killing of 2 Year Old in Wise County



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