funsec mailing list archives

HSBC Bank Hit by Bangalore Breach


From: "Fergie" <fergdawg () netzero net>
Date: Tue, 27 Jun 2006 18:17:28 GMT

Via C|Net News.

[snip]

A security breach at international bank HSBC's offshore data-processing
unit in Bangalore has led to funds being stolen from the accounts of a
small number of U.K. customers.

A 24-year-old worker at the HSBC operation has been suspended after
being accused of accessing confidential account information and passing
it on to criminal associates in the U.K.

The HSBC worker was caught when the fraud was detected by the bank's
security systems. The breach could increase fears surrounding the
security of offshore business process outsourcing.

[snip]

More here:
http://news.com.com/2100-1029_3-6088474.html

- ferg


--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg () netzero net or fergdawg () sbcglobal net
 ferg's tech blog: http://fergdawg.blogspot.com/


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