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)

Tuesday, July 22, 2014

  • Matthew Hill Says Why He Changed Position on Wine in Grocery Bill
  • Survey says JCMC Is 8th Best Health Facility in Tennessee
  • Man Arraigned After Weekend Attack in Johnson City
  • Three Charged in a 2013 Murder Have a Plea Deadline
  • Bristol, TN Extends Director of School's Contract
  • Wise Co., VA Mine Closes and Hundreds Lose Jobs
  • Work by Bristol Photographer Displayed in Smithsonian
  • New Car Tag Decals Save Paper, Lower Theft in Sullivan County
  • Vapor Business Burglarized in Bristol
  • Carter County Commissioners Vote for Tax Increase
  • Inmate Medical Bills Stress Sullivan County Sheriff's Budget
  • Ballard Bound Over to Grand Jury
  • No Tax Increase in Sullivan Co. Passes First Hurdle



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