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posted by martyb on Saturday July 27 2019, @10:26PM   Printer-friendly
from the Privacy-is-like-virginity-once-you-lose-it-it's-gone dept.

In the last few years: millions of accounts have been breached, AWS contains have been compromised, and if a company is storing their data 'in the cloud' then it's probably just a matter of time until someone hacks into it.

Not so for an Australian bank who uploaded 13 thousand customers' records to a third party data service. The bank admitted fault and the "data service" has reportedly deleted the data which included "customer names, date of birth, contact details and in some cases, government identity numbers."

The breach comes a week after NAB hired Ross McEwan, the man credited with turning around Royal Bank of Scotland, as its new chief executive officer, as it hopes to win back customer trust after damaging findings in a public inquiry into the financial sector.

NAB was among the worst hit of the "Big Four" lenders, after the inquiry specifically cited its CEO and Chairman for failing to accept responsibility for the wrongdoings.

Both individuals resigned days later.

I trust my bank. As far as I can kick them. How do I tell if my bank gives my information out?


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  • (Score: 0) by Anonymous Coward on Sunday July 28 2019, @12:14AM (4 children)

    by Anonymous Coward on Sunday July 28 2019, @12:14AM (#872131)

    How do I tell if my bank gives my information out?

    When you find out your account is drained because someone obtained a judgment against you.

  • (Score: 2) by Runaway1956 on Sunday July 28 2019, @01:43AM (2 children)

    by Runaway1956 (2926) Subscriber Badge on Sunday July 28 2019, @01:43AM (#872143) Journal

    So, those people who live payday to payday, with zero reserve, are actually the smart ones? If they have already drained their accounts immediately after being paid, then the hackers have nothing to work with?

    • (Score: 0) by Anonymous Coward on Sunday July 28 2019, @02:52AM (1 child)

      by Anonymous Coward on Sunday July 28 2019, @02:52AM (#872170)

      Which is why many companies that issue checks to the general public do so from an account with an out of the way bank that blocks outgoing ACH and only gets filled to the extent needed to cover the checks outstanding.

      • (Score: 2) by Chocolate on Sunday July 28 2019, @07:16AM

        by Chocolate (8044) on Sunday July 28 2019, @07:16AM (#872223) Journal

        I do this with my personal banking. The account I pay from is a separate account. I transfer funds into the account before money is paid out of it. They may have the bank account number, my name, and other details but if it is drain it only has a few hundred in it at any time although of course they could use this to try and find the other account but that could be difficult much more difficult than just draining the account they know of. About a year ago I found a problem so it was easy to create a new account and move everything across. Although the main account doen't have that much in it having it drained would still suck mightily more than enough to make having a second account just for transactions worthwhile.

        --
        Bit-choco-coin anyone?
  • (Score: 0) by Anonymous Coward on Sunday July 28 2019, @09:26AM

    by Anonymous Coward on Sunday July 28 2019, @09:26AM (#872241)

    When you find out your account is drained because someone obtained a judgment against you.

    Does that happen only in America? Because in the normal world, the accounts would be frozen until shit can be sorted.