Security News > 2018 > May > Australian Bank Lost Data For 19.8 Million Accounts

Australian Bank Lost Data For 19.8 Million Accounts
2018-05-03 10:18

Commonwealth Bank Says Risks From Loss Of Two Magnetic Tapes Are LowCommonwealth Bank has confirmed that two magnetic tapes containing transaction information for 19.8 million accounts went missing two years ago after mishandling by a subcontractor. A forensic investigation concluded the tapes were likely destroyed, and no fraudulent activity has been detected.


News URL

https://www.inforisktoday.com/australian-bank-lost-data-for-198-million-accounts-a-10967