NBC CT reports: Nearly $1 million was stolen from CHET — Connecticut Higher Education Trust — accounts during a security breach and 21 account holders were affected, according to the Office of the State Treasurer. Connecticut State Treasurer Denise Nappier said that TIAA-CREF Tuition Financing, Inc., the CHET Direct program manager, alerted the state Treasury…
Category: Financial Sector
Hackers threaten to reveal personal data of 90,000 Canadians caught in bank hack
Pete Evans reports: Hackers have threatened to release personal information for nearly 100,000 customers of two Canadian banks unless the lenders pay a $1-million ransom for its safe return. On Monday, Bank of Montreal and online bank Simplii Financial — owned by CIBC — revealed that they learned over the weekend that the identifying personal information of a combined 90,000 different…
BMO and CIBC-owned Simplii Financial reveal hacks of customer data
Pete Evans reports: Two Canadian banks warned customers Monday that they have been the targets of hackers, and the personal information of tens of thousands of customers may have been stolen. CIBC-owned Simplii Financial was the first to warn on Monday morning that hackers had accessed the personal and account information of more than 40,000 of the bank’s…
UK: Data stolen in Sheffield Credit Union cyber attack
BBC reports: The personal data of about 15,000 members of a credit union has been stolen in a cyber attack. Sheffield Credit Union (SCU) said information including names, addresses, national insurance numbers and bank details had been accessed. The attack happened in February but only came to light recently after hackers threatened to publish the…
Banco Inter shares drop on reported data leak, fintech fears
Reuters reports: Shares in Brazilian digital lender Banco Inter SA fell as much as 11 percent on Friday amid reports of a data leak and after the central bank suspended operations of rival Neon that triggered concerns about financial technology startups. Banco Inter units, composed of common and preferred shares, traded 7 percent lower in…
Australia’s Largest Bank Lost The Personal Financial Histories Of 12 Million Customers
Paul Farrell reports: The Commonwealth Bank lost the personal financial histories of 12 million customers, and chose not to reveal the breach to consumers, in one of the largest financial services privacy breaches ever to occur in Australia. BuzzFeed News can reveal that the nation’s largest bank lost the banking statements for customers from 2004…