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AU: Westpac employee gave customer passwords to mortgage broker in serious data breach

Posted on September 11, 2018 by Dissent

Paul Farrell reports:

A Westpac manager handed over the banking passwords of 80 customer accounts to a mortgage broker, giving them direct access to personal bank accounts in a serious breach of customer privacy.

It is one of a catalogue of 32 breaches Australia’s four largest banks disclosed to the Office of the Australian Information Commissioner (OAIC) between January 2012 and April 2018 that were obtained by 7.30 under Freedom of Information laws.

Westpac reported 18 privacy breaches to the privacy watchdog, NAB reported nine, the Commonwealth Bank reported three and ANZ reported two.

A spokesperson for each bank told 7.30 they take customer privacy seriously.

Read more on ABC (AU).

Related posts:

  • Commentary: Repeated insider breaches at TD Bank should trigger federal regulator investigation (update 1)
  • Ca: Risks remain in wake of mortgage broker breaches, audit shows
  • Two California Residents Sentenced To Prison For Computer Theft From LendingTree; Former Employee Sold Unauthorized Access
  • Privacy breach by Westpac?
Category: Financial SectorInsiderNon-U.S.

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