TR HSBC 2014 Hacking (Q12550)

From Open Risk Manual
A data breach risk event
Language Label Description Also known as
English
TR HSBC 2014 Hacking
A data breach risk event

    Statements

    0 references
    0 references
    January 2014
    0 references
    HSBC Holdings Plcs (HSBA) Turkish unit said it lost 2.7 million customers bank data in a cyber-attack, after a similar security breach at JPMorgan Chase & Co. (JPM) The hack resulted in the theft of data on cards and related bank accounts, Europes biggest lender said in an e-mailed statement. The breach is limited to Turkey and shouldnt result in financial risk for customers, London-based HSBC said. Government officials and security specialists around the world have said more needs to be done to prevent cyber-crime in the global financial system and protect customers after a series of high-profile hackings. JPMorgan, the biggest U.S. bank, said last month 76 million households were affected by a data breach. EBay Inc. (EBAY) and Home Depot Inc. (HD) have also been attacked. Its hard to kn (English)