HSBC hacked leaked customer data

The international financial institution HSBC said it was violated in October. According to the company, names, addresses, transaction history, account information, and more have leaked.
HSBC
In a Communication [PDF] filed in the state of California, the bank said it was aware that some online were approached by unauthorized persons from October 4 to 14. The hack affected a fraction of the bank's American customers (less than 1 percent of its American customer base), the company told the BBC, but exact numbers have not been released at this time.

Spread names, addresses, birthdates, and account balances, transaction histories, and account numbers.

"HSBC deplores this and takes responsibility for protecting its customers," the bank said in a statement.

We have warned customers whose accounts may have been tampered with, and we offer them a one-time anti-theft service in their transactions.

The hack seems to have been done with brute force attacks. Attackers managed to find passwords using automated account credentials.

Bryan Becker, application security researcher at WhiteHat Security Reported:

In general, banks require some screening of two factors, and this stops any attack that uses credential stuffing. So we have the question: Why wasn't HSBC using two-factor authentication, or if it was, what was the real cause of the breach?

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Written by giorgos

George still wonders what he's doing here ...

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