Saturday, May 10, 2008

HSBC Admitted the Lost of a Server in Hong Kong

You always wonder how a bank keep track of customer data and how secure those information are. Now you see that one of the biggest bank in the world just lost a server from a branch and almost 160,000 customer personal details may be exposed.

The following is from Hong Kong Standard Post:

On Wednesday, HSBC admitted it lost track of the server during renovations at its Kwun Tong branch on April 26.

Police said they are investigating the loss as a case of theft.

Data on the server includes account numbers, customer names, transaction amounts and transaction types, but no passwords or personal identification numbers.

"The server is protected by multiple layers of security. The risk of data leakage and fraudulent transactions resulting from the loss of the server is deemed very low," Cheng said. "HSBC will cover losses for customers but no compensation claims have been requested so far."

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