Australia’s Largest Bank Lost The Personal Financial Histories Of 12 Million Customers

Paul Farrell reports:

The Commonwealth Bank lost the personal financial histories of 12 million customers, and chose not to reveal the breach to consumers, in one of the largest financial services privacy breaches ever to occur in Australia.

BuzzFeed News can reveal that the nation’s largest bank lost the banking statements for customers from 2004 to 2014 after a subcontractor lost several tape drives containing the financial information in 2016.

Read more on BuzzFeed.

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