UAE: Bank gaffe shows info of wealthy customers

Gregor Hunter reports:

A bank blunder has revealed the personal email details of scores of HSBC’s high-income customers for the second time in two years.

The security breach occurred after a mass email was sent on Sunday morning to 178 customers of HSBC Premier, the bank’s account level for high earners, advising them that it was due to implement an IBAN number system used for international transfers.

HSBC Premier is the bank’s top-level retail account and requires customers to maintain a minimum balance of Dh350,000 (US$95,289) or transfer salary of at least Dh600,000 per year. The email sent by the bank included the names of senior officials at a number of major energy, media and legal firms in the Emirates.

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