Desjardins: Spends CAD 70m related to data breach

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Desjardins: Spends CAD 70m related to data breach

Desjardins: Spends CAD 70m related to data breach

  • Canadian lender, Desjardins Group, has spent CAD 70 million ($53 million) in the second quarter
  • When the company offered the affected accounts a credit monitoring plan and identity theft insurance
  • Unauthorised use of internal data by an employee led to breach of personal information
  • Bank of Montreal and Canadian Imperial Bank of Commerce said that cyber attackers may have stolen data of nearly 90,000 customers
  • Then It’s appeared to be the first significant assault on financial institutions in the country