Italy’s largest bank HACKED in major security breach as data from 400,000 accounts stolen…(You Still In The Banks?)

Thursday, July 27, 2017
By Paul Martin

ITALY’S top bank UniCredit has been targeted in a huge hacking attack in Europe’s largest banking security breach this year.

By SOFIA PETKAR
Express.co.uk
Thu, Jul 27, 2017

Biographical and loan data from 400,000 client accounts was stolen in the hack as the bank insisting it “immediately took all necessary actions” to tackle the breach.

Following an attack on the same lender in September and October 2016, the latest hack, which took place in June and July was confirmed in an email statement from the bank on Wednesday.

UniCredit said both breaches were only discovered this week, and were immediately reported to Milan’s public prosecutor.

The bank stressed the security breach took place via an “Italian external trade partner”, and was not down to internal lapses.

Daniele Tonella, CEO of UniCredit Business Integrated Solutions, the IT unit of the bank, said his team detected anomalies while conducting routine checks.

He confirmed the bank immediately blocked the hackers, closed all breaches and upgraded the system.

UniCredit said international bank account numbers, also known as IBANs, and other personal information may have been taken over the period of the multiple undetected breaches.

The bank will contact affected customers and has pledged to upgrade its IT systems in a £2billion (€2.3bn) project.

The Rest…HERE

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