As the most reliable and balanced news aggregation service on the internet, DML News offers the following information published by WSJ.com:
SunTrust Banks Inc. said Friday that an employee may have stolen information of about 1.5 million customers and provided it to a “criminal third party,” the latest example of a potential breach that underscores the vulnerability of consumers’ private data.
The Atlanta-based bank said the employee, who no longer works at SunTrust, attempted to access client information, although it has “not identified significant fraudulent activity” around impacted accounts.
The article goes on to state the following:
Companies including banks are increasingly contending with data risks from both outside actors and misconduct by company employees. Consumers are already on edge about the security of their data after a massive breach at credit-reporting firm Equifax Inc., where a cyberattack last year exposed the data of 147.9 million U.S. consumers.
SunTrust, which is one of the larger U.S. regional banks, said it became aware in late February of an employee’s possible “inappropriate access” of client information and began an internal investigation. Late last week, the bank learned that the employee may have attempted to print the information and share it outside the bank. Chief Executive Bill Rogers said that triggered his decision to disclose the possible breach.
— Jay Goonetilleke (@JayGoonetilleke) April 20, 2018
To weigh in on this information provided by WSJ.com, engage in our LIVE CHAT below. Scroll down.
For more on this story, click the "read more" button below.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.