Credit Suisse Leak: Big Banking Data Leaked, Cyber Security Experts Reactions

By   ISBuzz Team
Writer , Information Security Buzz | Feb 21, 2022 05:32 am PST

Credit Suisse has hit out after a massive data leak has brought to light the hidden wealth of several clients of the bank. Data on over 18,000 bank accounts was leaked to German media. The data includes personal, shared and corporate accounts as well as ones opened all the way back in the 40s. Nearly 50 media organizations spent months working with this data and found evidence that Credit Suisse accounts were used by clients involved in serious crimes like money laundering or drug trafficking.
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Jake Moore
Jake Moore , Global Cyber Security Advisor
InfoSec Expert
February 21, 2022 1:32 pm

The threats posed on the inside of a company remain the most difficult to protect in cyberspace. Staff often bring more risks than any remote attack as they are equipped with the advantage of having overriding powers and insider knowledge, making it impossible to protect from completely. Whether a data leak is conscious or not, staff are often overlooked when it comes to the biggest threats in an organisation. Insider threats are sometimes forgotten about after the vetting stage but they usually lead to the most damaging consequences and can leave a more challenging clean-up operation in their wake.

Last edited 1 year ago by Jake Moore

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