Ellen Wallace reports: A computer system employee of Bank Sarasin turned himself into police 1 January, it was revealed late Tuesday, after sharing documents linked to currency transactions made by the family of Philipp Hildebrand, chairman of the Swiss National Bank. Swiss data protection and privacy laws make it illegal to share such information. The…
Category: Financial Sector
Credit Mutuel Units Inspected by French Data Protection Watchdog
Heather Smith reports: Two Credit Mutuel-CIC units were inspected by France’s data protection authority following a data system failure reported on Dec. 28 by weekly newspaper Canard Enchaine, the Paris-based watchdog said today. The Commission Nationale de l’Informatique et des Libertes searched an information-technology unit in Strasbourg, France, and a newspaper belonging to the bank in…
Cn: Dangdang acknowledges limited hack; Alipay says only their account IDs involved in separate hack
Marbridge Consulting reports: In response to recent media reports that information belonging to 12 mln of its users has been leaked online, Chinese B2C e-commerce site Dangdang (NYSE: DANG) issued a statement today saying that only a small fraction of the account information now circulating online does in fact belong to Dangdang users. Dangdang added…
UK: Information on 1.4m customers lost by Cattles Group Birstall headquarters
More than a million customers have had their personal details “lost” after a data mix-up at a loan firm’s Birstall headquarters. The Cattles Group, which owns Welcome Finance loans firm, has written to customers informing them that two back-up storage discs with private information about 1.4 million customers have been misplaced. Marlene Proctor, 31, from…
Cn: 20,000 Taishin Int’l Bank clients’ data leaked
Personal information of as many as 20,000 applicants for cash cards issued by Taishin International Bank (台新銀行) have been found to be part of a massive leak of information to a con ring recently busted by the police, the Chinese-language Apple Daily reported yesterday. The police discovered the massive trove of personal information from a…
Ex-Credit Suisse worker guilty of data theft
And so a long-running data theft case ends. The Local (Switzerland) reports: The Swiss Federal Criminal Court sentenced on Thursday a former employee of Credit Suisse to a two-year suspended sentence for breaching bank secrecy laws and money laundering. The former bank worker was also fined 3,500 francs ($3,727) after he confessed to having stolen…