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posted by janrinok on Thursday October 31 2019, @04:53AM   Printer-friendly
from the security-is-a-process dept.

Submitted via IRC for Fnord666

UniCredit Suffers Third Breach Despite Investing Billions in Cybersecurity

Despite investing 2.4 billion euros since 2016 to upgrade its cybersecurity profile, Italian banking institution UniCredit has suffered its third recent data breach, this time impacting 3 million customers.

The company said in a short data breach announcement on its website that names, telephone numbers, email addresses and cities where clients were registered were exposed via unauthorized access to a file generated in 2015. Bank account details were not included. UniCredit told Reuters that it wouldn’t release information on how the access occurred, but it did say that has launched an internal investigation and has informed all the relevant authorities, including the police.

UniCredit was also hit with hacking incidents in September-October 2016 and June-July 2017, affecting 400,000 Italian customers. Those hacks were carried out via the network of a commercial partner, the bank said at the time.


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  • (Score: 0) by Anonymous Coward on Thursday October 31 2019, @03:06PM

    by Anonymous Coward on Thursday October 31 2019, @03:06PM (#914145)

    From the description it was probably an old mailing list sitting on somebody's workstation. Either that machine got hacked or somebody at the company inherited that machine and found it.