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Category: Financial Sector

BMO and CIBC-owned Simplii Financial reveal hacks of customer data

Posted on May 28, 2018 by Dissent

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…

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UK: Data stolen in Sheffield Credit Union cyber attack

Posted on May 9, 2018 by Dissent

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…

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Banco Inter shares drop on reported data leak, fintech fears

Posted on May 4, 2018 by Dissent

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…

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Australia’s Largest Bank Lost The Personal Financial Histories Of 12 Million Customers

Posted on May 2, 2018 by Dissent

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…

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TSB chaos after online banking data leak

Posted on April 23, 2018 by Dissent

Kayleigh Bateman reports: TSB has issued an apology, this morning, after weekend upgrades to its online banking platform left several customers unable to access their own accounts, yet able to view other peoples. Addressing the online banking data leak in a statement this morning TSB said: “We’re really sorry that some of our customers experienced…

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SunTrust 1.5 million customers whose information may have been stolen by former employee

Posted on April 20, 2018 by Dissent

From their press release: SunTrust Banks, Inc. (NYSE: STI) is now offering Identity Protection for all current and new consumer clients at no cost on an ongoing basis. Experian IDnotify™ will be provided to those who sign up for the service. SunTrust cares deeply about the privacy and security of client information. The company became…

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