Failures in computer and control systems are being blamed.

Dark Reading Staff, Dark Reading

July 30, 2019

1 Min Read

When Deutsche Bank left the equities trading business, employees in that division were let go. However, their access to their Deutsche Bank email accounts lasted for several weeks after they were shown the door.

While access to trading and other financial systems was immediately terminated along with the individuals' employment, email accounts were missed for some employees for a period of time. According to the bank, a review of the accounts shows that no confidential or inappropriate information was transferred after the employees left the company.

Some observers say the vulnerability, which has now been closed, is indicative of issues with the bank's computer systems and general controls. Deutsche Bank is now investing approximately $4.5 billion to address that.

Read more here

 

Black Hat USA returns to Las Vegas with hands-on technical Trainings, cutting-edge Briefings, Arsenal open-source tool demonstrations, top-tier security solutions, and service providers in the Business Hall. Click for information on the conference and to register.

About the Author(s)

Dark Reading Staff

Dark Reading

Dark Reading is a leading cybersecurity media site.

Keep up with the latest cybersecurity threats, newly discovered vulnerabilities, data breach information, and emerging trends. Delivered daily or weekly right to your email inbox.

You May Also Like


More Insights