Feeds

Swiss HSBC data breach victim count trebles

How deep does the rabbit hole go?

Website security in corporate America

A French prosecutor said bank account details of 79,000 customers was stolen from the Swiss subsidiary of HSBC, three times the number previously admitted by the bank.

Bosses at HSBC Private Bank (Switzerland) admitted last month that details of 24,000 bank customers were taken by an IT worker at the bank three years ago. However, analysis of the stolen files shows that they refer to 127,000 accounts maintained by 79,000 people, French prosecutor Eric de Montgolfier said on Wednesday, AFP reports.

French police obtained the encrypted files after raiding former HSBC computer specialist Herve Falciani's home in France back in January 2009. Authorities in France are seeking to use the data to investigate suspected tax evasion by wealthy French taxpayers.

Italian authorities are also interested in the data as part of a similar investigation into money laundering and tax evasion.

Information on 8,231 French account holders and 7,000 Italians is contained in the stolen data cache.

Swiss regulators are investigating whether HSBC broke bank privacy laws. HSBC has said it would refuse to help authorities hoping to use the stolen data for tax evasion investigations.

The case has raised questions both about banking privacy and the ethics of how far authorities ought to be allowed to go in chasing suspected tax dodgers. ®

Protecting users from Firesheep and other Sidejacking attacks with SSL

More from The Register

next story
Early result from Scots indyref vote? NAW, Jimmy - it's a SCAM
Anyone claiming to know before tomorrow is telling porkies
TOR users become FBI's No.1 hacking target after legal power grab
Be afeared, me hearties, these scoundrels be spying our signals
Home Depot: 56 million bank cards pwned by malware in our tills
That's about 50 per cent bigger than the Target tills mega-hack
Hackers pop Brazil newspaper to root home routers
Step One: try default passwords. Step Two: Repeat Step One until success
UK.gov lobs another fistful of change at SME infosec nightmares
Senior Lib Dem in 'trying to be relevant' shocker. It's only taxpayers' money, after all
Critical Adobe Reader and Acrobat patches FINALLY make it out
Eight vulns healed, including XSS and DoS paths
Spies would need SUPER POWERS to tap undersea cables
Why mess with armoured 10kV cables when land-based, and legal, snoop tools are easier?
Blood-crazed Microsoft axes Trustworthy Computing Group
Security be not a dirty word, me Satya. But crevice, bigod...
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.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.