Wednesday 26 July 2017

UniCredit Bank Gets Hacked And 400,000 Italian Customers Affected

UniCredit Bank Gets Hacked And 400,000 Italian Customers Affected

UniCredit Bank Gets Hacked And 400,000 Italian Customers Affected.

  • Italian Largest UniCredit Bank 400,000 customers are affecting due to two security breaches. 
  • First Security breach occurred in September and October 2016  and Second in June and July 2017

According to the report, UniCredit admitted that no password were stolen but cyber criminals might have accessed customer personal data and IBAN numbers. Unicredit has blamed to a third party service provider for the security breach incident. Also, its share fell about 1% after its disclosure of the hack.

UniCredit said in the statement, UniCredit today announced it has been the victim of a  security breach in Italy due to unauthorised access through an Italian third party provider to Italian customer data related to personal loans only.

A first breach seems to have occurred in September and October 2016 and a second breach which has just been identified in June and  July 2017. Data of approximately 400,000 customers in Italy  is assumed to have been impacted during these two periods. No data, such as passwords allowing access to customer accounts or allowing for unauthorised transactions, has been affected, whilst some other personal data and IBAN numbers might have been accessed.

UniCredit has launched an audit and has informed all the relevant authorities. In the morning, UniCredit will also file a claim with the Milan Prosecutor's office. The bank has also taken immediate remedial action to close this breach.

For immediate information, customers should contact UniCredit's dedicated toll-free number 800 323285 or  their regular branch customer services team.  In addition, UniCredit will be contacting affected customers through specific channels, not including email or phone calls.

Customer data safety and security is UniCredit's top priority and as part of Transform 2019, UniCredit is investing  2.3 billion euro in upgrading and strengthening its IT systems.


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