10:09 PM
George V. Hulme
George V. Hulme

BNY Mellon Data Breach Potentially Massive

It was in May when we noted an investigation launched by the authorities in the state of Connecticut into a backup tape lost by the Bank of New York Mellon. The results of that investigation are in, and they don't look good.

It was in May when we noted an investigation launched by the authorities in the state of Connecticut into a backup tape lost by the Bank of New York Mellon. The results of that investigation are in, and they don't look good.First, some background (which is available in my earlier post, here). A backup 10 unencrypted backup tapes with millions of customers' information had gone missing on Feb. 27, and the Connecticut authorities wanted to know more, as there were up to half-million Connecticut residents private information place at risk.

Here's what those (unencrypted) tapes contained, according to Attorney General Blumenthal's letter:

BNY representatives informed my office that the information on the tapes contained, at a minimum, Social Security numbers, names and addresses, and possibly bank account numbers and balances.

That's just great, isn't it.

At first, we thought there were 4 million whose private financial information was on those tapes; turns out now that there could be up to 10 million. Here's what Connecticut Gov. M. Jodi Rell has to say in a statement released yesterday:

"It is simply outrageous that this mountain of information was not better protected and it is equally outrageous that we are hearing about a possible six million additional individuals and businesses six months after the fact," Governor Rell said. "We fear a substantial number of Connecticut residents are among this latest group."

I couldn't agree more. There is absolutely no acceptable excuse as to why this information was not encrypted on these tapes. None.

The BNY Mellon has set up this Web site for those who may have been affected by this incident.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Register for Dark Reading Newsletters
White Papers
Current Issue
Five Emerging Security Threats - And What You Can Learn From Them
At Black Hat USA, researchers unveiled some nasty vulnerabilities. Is your organization ready?
Flash Poll
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
Published: 2015-10-15
The Direct Rendering Manager (DRM) subsystem in the Linux kernel through 4.x mishandles requests for Graphics Execution Manager (GEM) objects, which allows context-dependent attackers to cause a denial of service (memory consumption) via an application that processes graphics data, as demonstrated b...

Published: 2015-10-15
netstat in IBM AIX 5.3, 6.1, and 7.1 and VIOS 2.2.x, when a fibre channel adapter is used, allows local users to gain privileges via unspecified vectors.

Published: 2015-10-15
Cross-site request forgery (CSRF) vulnerability in eXtplorer before 2.1.8 allows remote attackers to hijack the authentication of arbitrary users for requests that execute PHP code.

Published: 2015-10-15
Directory traversal vulnerability in QNAP QTS before 4.1.4 build 0910 and 4.2.x before 4.2.0 RC2 build 0910, when AFP is enabled, allows remote attackers to read or write to arbitrary files by leveraging access to an OS X (1) user or (2) guest account.

Published: 2015-10-15
Cisco Application Policy Infrastructure Controller (APIC) 1.1j allows local users to gain privileges via vectors involving addition of an SSH key, aka Bug ID CSCuw46076.

Dark Reading Radio
Archived Dark Reading Radio
According to industry estimates, about a million new IT security jobs will be created in the next two years but there aren't enough skilled professionals to fill them. On top of that, there isn't necessarily a clear path to a career in security. Dark Reading Executive Editor Kelly Jackson Higgins hosts guests Carson Sweet, co-founder and CTO of CloudPassage, which published a shocking study of the security gap in top US undergrad computer science programs, and Rodney Petersen, head of NIST's new National Initiative for Cybersecurity Education.