Ulster Bank reports data security breach Republic of Ireland’s Ulster Bank reported a data security breach after a staff member accidentally dropped a folder containing customer information outside one of its offices. The banks has apologised to customers and notified the Data Protection Commissioner regarding the incident.
IOB strengthens bank data security Indian Overseas Bank has adopted Visa’s real-time fraud detection solutions – Visa Advanced Authorization and Visa Risk Manager – to protect cardholders against potential fraud while strengthening the security of sensitive financial data.
German minister calls for ban of tax cheat data sale Germany’s justice minister Sabine Leutheusser-Schnarrenberger has called for the criminalisation of officials who purchase CDs containing bank data of German tax cheats in Switzerland, threatening North-Rhine Westphalia’s bid to purchase such CDs.
Re-disseminated by The Asian Banker
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