Two Canadian Banks Hit With Data Breaches, 90,000 Affected

Today’s topics include two Canadian banks reporting customer data breaches, and Google and AT&T offering a combined connectivity option for cloud customers.

Two Canadian banks reported on May 28 that they are investigating alleged data breaches that could impact up to 90,000 customers. The Canadian Imperial Bank of Commerce's Simplii Financial division reported that approximately 40,000 of its customers are at risk, while in a separate incident the Bank of Montreal said 50,000 of its customers were potentially exposed.

The attackers sent a $1 million ransom letter to multiple Canadian media outlets on May 27, which the banks did not pay. So, the attackers sent a sample of the customer information to media outlets including the CBC, with information like names, account balances, dates of birth and the answers to three security questions.

Both banks recommend that customers be vigilant and check banking statements for any irregularities or indicators of potential fraud.

Google and AT&T announced a new alliance on May 29 to enable businesses to access Google's entire range of G Suite cloud productivity apps through AT&T Collaborate as part of AT&T’s Netbond for Cloud high-bandwidth connectivity service.

 As a result of the partnership, enterprises will be able to move workloads across cloud environments in a secure fashion without having to touch the public Internet, the two companies.

With G Suite now becoming available via AT&T Collaborate, enterprises have the additional benefit of getting access to chat, voice, video and desktop sharing services from a single source, the two companies added. Organizations that sign up for the service will be able to access G Suite applications from anywhere and on virtually any device.

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