Two major Thai banks hacked, personal details from over 120,000 customers stolen

The Bank of Thailand (BOT) has confirmed that hackers have stolen information of more than 120,000 customers in a massive data breach into two major commercial banks. Cybersecurity operators at BOT has vowed to step up security measures and oversight after Kasikornbank and Krung Thai Bank reported cyber attacks during the Buddhist Lent holiday last weekend, and BOT confirmed the attacks on Wednesday. However, executives of both banks said no suspicious transactions took place. Krung Thai Bank President Payong Srivanich said hackers used “advanced hacking techniques” to obtain personal data from 20,000 customers who had applied for credit online. According to the bank’s website, customers applying for loans or lines of credit need to provide a copy of their ID card and census registration, including income and bank statements.

View full story

ORIGINAL SOURCE: ECNS