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UK: Optimal Payments says investigating data breach allegations

Posted on October 29, 2015 by Dissent

 

Mamidipudi Soumithri reports:

British mobile payments company Optimal Payments Plc said it was investigating allegations that personal data belonging to some of its customers had been compromised and was available in the public domain.

Optimal shares fell 11 percent to 309.5 pence, their sharpest fall in a day this year and lowest since Sept. 16.

The company said the allegations were that the data breaches had occurred at two of its units in 2012 or earlier.

The data consists of names and email addresses of customers and is available for purchase on the “dark web”, a source with knowledge of the hack told Reuters.

[…]

Optimal’s NETELLER and Moneybookers Ltd units had suffered data breaches as a result of cyber attacks in 2009 and 2010, but none of its customers lost any money as a result, the company said.

 

Read more on Reuters.

So the discovery that names and email addresses that were compromised years ago are available for sale is enough to drop stock prices by 11% in one day? Wow, that seems a bit extreme.

Category: Business SectorFinancial SectorNon-U.S.

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