Feeds

HSBC in further data loss

Stolen Hong Kong server contained data on 159K

Secure remote control for conventional and virtual desktops

Security-incident prone bank HSBC has admitted losing a server containing transaction data on 159,000 Hong Kong-based account holders.

The bank said on Wednesday that the kit went missing during renovation work at a Kwun Tong district branch on 26 April, Reuters reports. Data held on the server included customer names, account numbers, transaction amounts and transaction types, but not PIN codes or online banking login credentials. Copies of the data were held on backup tapes.

HSBC sought to reassure customers by promising to cover any fraudulent losses stemming from the breach, for which it apologised, while stressing that the possibilities of data falling into the wrong hands are minimal.

"The server is protected by multiple layers of security. The risk of data leakage and fraudulent transactions resulting from the loss of the server is deemed to be low," HSBC said.

A spokeswoman for the bank explained that it waited two weeks before publically disclosing the server theft in order to conduct an internal investigation designed to discover the extent of the problem. Hong Kong police are continuing to investigate the theft.

The Hong Kong incident joins a growing list of security snafus involving HSBC. In April, HSBC UK admitted it has misplaced 370,000 customer details, which were put in the post a month before on an unencrypted disc. The envelope never arrived at its intended destination, a reinsurance firm.

HSBC has had all sorts of problems keeping its e-payments system up and running over recent weeks, while back in March it forgot to renew a digital certificate, leaving customers confronted by a potentially confusing warning.

That's all on the debit side, but to its credit HSBC recently foiled an alleged £70m fraud, leading to the arrest of a back office worker at the bank and three other suspects. ®

New hybrid storage solutions

More from The Register

next story
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Google recommends pronounceable passwords
Super Chrome goes into battle with Mr Mxyzptlk
Infosec geniuses hack a Canon PRINTER and install DOOM
Internet of Stuff securo-cockups strike yet again
THREE QUARTERS of Android mobes open to web page spy bug
Metasploit module gobbles KitKat SOP slop
'Speargun' program is fantasy, says cable operator
We just might notice if you cut our cables
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Snowden, Dotcom, throw bombs into NZ election campaign
Claim of tapped undersea cable refuted by Kiwi PM as Kim claims extradition plot
YouTube, Amazon and Yahoo! caught in malvertising mess
Cisco says 'Kyle and Stan' attack is spreading through compromised ad networks
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.