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Attacks/Breaches

4/11/2017
09:45 AM
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UK Loan Firm Wonga Suffers Financial Data Breach

Customers in the UK and Poland may have had their bank account details compromised.

British payday loan company Wonga has admitted to suffering a data breach affecting 245,000 customers in the UK and probably 25,000 in Poland, BBC News reports. The company is investigating what is "looking like one of the biggest" data breaches in the country involving financial data.

What could be a serious issue in the Wonga breach is the likely theft of customer bank account details including sort codes and the last four digits of bank cards. Earlier major hacking incidents in the country, like those linked to Talk Talk and Yahoo, did not involve financial data.

Information Commissioner's Office has said "All organizations have a responsibility to keep customers' personal information secure. Where we find this has not happened, we can investigate and may take enforcement action."

The company does not think its loan account database has been compromised, but nevertheless asked customers to be alert. It has set up a helpline and help page for those affected.

Read more on BBC News.

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RyanSepe
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RyanSepe,
User Rank: Ninja
4/11/2017 | 3:21:10 PM
help page for those affected
In situations such as these the company should be liable for provided anti-fraud services. Potentially baked into cyber insurance, the peace of mind and brand reputation that the company would lose would be reduced based off the previous event of a breach.
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