Za: Standard Bank on delay in telling public about data breach: ‘We complied with the law’

Londiwe Buthelezi reports:

Standard Bank says it took several days to disclose the latest data breach on its LookSee platform because its immediate focus was to get to the bottom of the issue first and understand how serious it was.

The banking group informed the public on 9 December that homeowners’ data was compromised by a data breach on the LookSee platform. The platform is an online property guide that leverages Lightstone data to help SA homeowners manage their properties by providing house values and insights into communities where they are located, among other things.

Data of up to 745 000 registered properties was compromised.

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