Aug 262012

Catherine Bosley reports that Swiss private bank Julius Baer has suffered another insider breach. If the bank’s name sounds familiar, it’s because another former employee claimed to have given WikiLeaks details of clients who were using the private bank to avoid paying taxes. In this case:

According to the SonntagsZeitung, the stolen data on clients found its way into the hands of tax investigators in the German state of North Rhine Westphalia, with the thief paid an undisclosed sum.

The suspect, a bank employee working in Zurich, acted alone and has been arrested, the paper said.

Read more on BusinessInsider.

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