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, November 26, 2014

  • AEP to Issue Refunds to Electric Customers in Virginia After SCC Ruling
  • Improvement on Carolina Ave., Love St. Approved by Erwin Town Council
  • Citizens Chide Bristol, Virginia City Council for Borrowing to Debt Limit
  • NC Man Set to Serve 10 years for Cocaine Trafficking
  • Bristol, TN Taking Proposals From Developers on a Redesign of An Iconic Downtown Building
  • Special Prosecutor: Police Shooting of Man Near Bristol Justified
  • Regional Jail Agreement for Bristol, Virginia Dies for Lack of Motion from City Council
  • Jailer Fired After Arrested for Shoplifting in Johnson City
  • THP Confirms Fatal Scooter Crash in Bluff City
  • Bristol, Virginia Revenue Bonds Sold, Cabela's Construction to Begin
  • Official: Voting Machines Statewide Could Need Overhaul or Inspections
  • Joining a Regional Jail Set for Discussion by Bristol, Virginia City Council
  • Johnson City Gets Grant to Curb Domestic Violence
  • Gas Prices Continue to Drop Across the Tri-Cities



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