27 Jul About 400,00 UniCredit Clients in Italy Affected in Data Breach
Milan, Italy — Last Wednesday, Italian lender UniCredit announced that cyber attackers have possibly accessed their customers’ information in a massive data breach involving around 400,000 customers.
The bank’s head of information technology Daniele Tonella said that the accessed information is not enough for hackers to hold financial transactions. Personal information and bank account details could have been retrieved, but no passwords were taken by the attackers.
The data breach happened in a series of attacks, initially in September and October 2016, and then on June and July 2017. This occurred amidst rising data threats in Europe, with personal details stolen, and attacks causing failure of service.
To date, UniCredit has notified authorities, but they still don’t know who perpetrated the attacks. The bank’s shares have also plunged to a mere 0.9% following the data breach.