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Data & Analytics News Updates, December 5th 2012

This week’s data and analytics news include South Carolina’s department of revenue’s security failings in a recent data breach, HKMA’s warning of a fraudulent website and NAB’s CRM system deployment.

December 05, 2012 | The Asian Banker Editor

South Carolina reveals security failings in recent data breach
An investigation into the recent data breach at South Carolina’s department of revenue, which compromised 3.3 million bank accounts, revealed that the department’s systems were compromised when an employee clicked a link in a phishing e-mail. From this, hackers were able to obtain passwords, using malicious software to steal the unencrypted bank account numbers.

HKMA warns public of fraudulent website
Hong Kong Monetary Authority warned members of the public of a fraudulent website with the domain name “http://hsbhk-eservices.com”. While the website looks similar to Hang Seng Bank’s official website, Hang Seng Bank has denied connection to the fraudulent website and has since reported the case to Hong Kong police.

NAB deploys customer data aggregator
National Australia Bank will deploy a customer relationship management system that provides a single view of customers’ business, personal and wealth management accounts. Hosted by Oracle, the system aims will improve the bank’s cross-sell opportunities while serving as a user-friendly interface that provides actionable insights to its staff.


Re-disseminated by The Asian Banker

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Data & Analytics, Data Management, Risk & Performance

Keywords:HKMA, Hang Seng Bank, NAB