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HSBC Turkey Confirms Card Breach

  • November 12, 2014
  • 3 replies
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Jasper_The_Rasper
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Well I have to take my hat off to HSBC Turkey, and why? The breach was only detected this week and is already being made public, this goes against the trend of what businesses seem to be doing. Well done!!!
 

2.7 Million Customers Affected by Cyber-Attack

By Jeffrey Roman, November 12, 2014.  http://ef67fc04ce9b132c2b32-8aedd782b7d22cfe0d1146da69a52436.r14.cf1.rackcdn.com/hsbc-turkey-confirms-card-breach-imageFile-8-a-7558.jpg  "HSBC Turkey confirms that a recent cyber-attack exposed payment card information for 2.7 million customers.
The bank is a subsidiary of London-based HSBC Group, which has operations worldwide in 74 countries and territories.
Information compromised in the breach includes debit and credit cardholder names, account numbers and expiration dates. The bank says that, so far, it has not seen any evidence of fraud or other suspicious activity arising from the incident.
 
HSBC Turkey detected the attack in the past week through its internal security controls, according to an FAQ. The attack was limited to Turkey, and all card operations have been restored to normal functioning, the bank says. No other details about the nature of the incident were revealed."
 
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shorTcircuiT
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  • November 12, 2014
HSBC is taking a bit of a pounding this week.... Earlier today they were fined $618 million for manipulating foreign exchange rates.  Looks like they have quite a bit of housecleaning to do...... 

shorTcircuiT
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  • November 12, 2014
I do give them big Kudo's though for the response in notifying the public.  As we have noted before, a leak has to be investigated BEFORE notification, but there is a limit as to how long is reasonable.  Well done to this bank for going against the norm these days of waiting a month or more!  Your customers are in much better hands this way!

Jasper_The_Rasper
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Adam Greenberg, Reporter  November 13, 2014
 
The card and linked account numbers, card expiry dates and cardholder names of HSBC Turkey customers was compromised in an attack identified in the past week, according to a FAQ issued by HSBC.
Roughly 2.7 million customers were impacted, reports indicate.
“Our cards are secure and customers can continue to use their cards as usual,” according to the FAQ, which goes on to add that customers need not take any action.
 
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