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Security Canada

Cyber Thieves Claim To Hit Two Big Canadian Banks (reuters.com) 20

New submitter Heritype writes: Bank of Montreal, Canada's fourth biggest lender, said on Monday it was contacted by fraudsters on Sunday who claimed they were in possession of the personal and financial information of a limited number of the bank's customers. The bank said it believed the attack originated from outside the country and was confident the exposures that led to the theft of customer data had been closed off.

Canadian Imperial Bank of Commerce, Canada's fifth biggest lender, said fraudsters contacted the lender on Sunday claiming they had electronically stolen personal and account information of 40,000 customers of its Simplii direct banking brand.
Other Canadian banks said they had not been affected.
Further reading: BMO and CIBC-owned Simplii Financial reveal hacks of customer data.
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Cyber Thieves Claim To Hit Two Big Canadian Banks

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  • by Anonymous Coward

    Canadian dollars ain't worth jack!

  • by ls671 ( 1122017 ) on Tuesday May 29, 2018 @12:37AM (#56691400) Homepage

    The unusual part of this is that this one got published. Usually, nobody ever hears about such things although they happen more often that you might come to expect at first.

    • by Anonymous Coward

      CBC link has more details. tl;DR - bad guys went public on their own. The language from the banks is quite baffling though. They make it sound like their own systems detected the breach which is false. Also not clear where the 40k users came from since, at least according to the CBC, only two were given as an example.

      Likely more to this. I mean they won't even say where the attacks came from.

  • by account_deleted ( 4530225 ) on Tuesday May 29, 2018 @04:47AM (#56692030)
    Comment removed based on user account deletion
  • Like anyone of any importance at a bank could be reachable by a random outsider on a Sunday. And given how little most companies care about security, I would be surprised if anyone would actually respond.

    • CIBC was in the news last year because they decided to outsource to India. I'd wager that security isn't high on their priorities list.

      Glad to see it's working out for them. (More seriously, who didn't see this coming?)

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