NZ: Reserve Bank hit with compliance notice from Privacy Commissioner over data breach

Chris Keall reports: The Reserve Bank has suffered the ignominy of being the first organisation to be hit by a compliance notice under the new Privacy Act, which came into force in December last year. Privacy Commissioner John Edwards says an independe… Continue reading NZ: Reserve Bank hit with compliance notice from Privacy Commissioner over data breach

Credit unions demand assurances from Central Bank after data leak blunder

Charlie Weston reports: A leading credit union body is seeking assurances from the Central Bank that it can protect the personal data of people who have to register with it. The call from the Irish League of Credit Unions comes after the Central Bank m… Continue reading Credit unions demand assurances from Central Bank after data leak blunder

Envision Credit Union ‘taking all appropriate steps’ after possible cyber attack

TaMaryn Waters reports: Envision Credit Union may have been the latest victim of an apparent ransomware attack, a malicious software that disrupts computer systems until demands are met. Initial signs of a potential attack surfaced this week on social … Continue reading Envision Credit Union ‘taking all appropriate steps’ after possible cyber attack

JP Morgan Chase Bank Admitted Leaking Sensitive Data of its Customers

Ax Sharma reports: Chase Bank has admitted to the presence of a technical bug on its online banking website and app that allowed accidental leakage of customer banking information to other customers. […] The issue is believed to have lasted betwe… Continue reading JP Morgan Chase Bank Admitted Leaking Sensitive Data of its Customers

Morgan Stanley asks court to throw out data security lawsuit

Ryan W. Neal reports: Morgan Stanley has asked a New York federal court to throw out a class action lawsuit alleging the firm failed to properly wipe sensitive client information from decommissioned computer equipment that has since gone missing. The f… Continue reading Morgan Stanley asks court to throw out data security lawsuit