BMO and CIBC-owned Simplii Financial reveal hacks of customer data

Pete Evans reports:

Two Canadian banks warned customers Monday that they have been the targets of hackers, and the personal information of tens of thousands of customers may have been stolen.

CIBC-owned Simplii Financial was the first to warn on Monday morning that hackers had accessed the personal and account information of more than 40,000 of the bank’s customers.


Then later Monday morning, Bank of Montreal revealed that it, too, had received a tip that “fraudsters” had stolen data on up to 50,000 of the bank’s customers, “and a threat was made to make it public,” BMO spokesperson Paul Gammal said.

Read more on CBC.

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