08 Nov HSBC Confirms Breach Affected US Customer Accounts
HSBC confirmed this week that a number of US bank accounts had been affected by its breach last October.
The bank said that hackers may have accessed customer information including account numbers, balances, transaction histories, payee details, as well as names, addresses and dates of birth. However, it said that fewer than 1 percent of their US customers were affected and all have already been notified.
Prof Alan Woodward from the University of Surrey said that HSBC limited the information that it had made public, but it seems that a technique called “credential stuffing” was used where the criminals harvested personal details from elsewhere and used it to gain unauthorised access to the accounts.