FNB fined R1 million for exposing private customer data

It's more the negative publicity that does the damage, and is the punishment.
 
Did they reallocate their infrastructure/network funds to pay the fine?
FNB digital channels are a bit dead at the moment...
 
Take it from someone who worked on the back-end etc. of a bank for a few years:
It's a bloody miracle there aren't more major issues.

Will never forget the day I forgot to change the date on an EFT data extract I built to charge 5000 clients, finance was supposed to check the data, of course they didn't.

Guess who spent the next 3 months fixing that f**ing mess.
 
Doesnt surprise me. Their processes are terrible. They don't verify email addresses before sending information. They don't have a proper process for you to report that you received information in error. I have a common name and surname which means I get a metric ton of misaddressed mail on my Gmail. Including about 5 people over the years that banked with FNB. It is impossible to ask FNB to correct it because every time I contact them they want *my* ID number to correct *my* details instead of looking at the accounts that I incorrectly received.

Now I don't bother to contact FNB, I just wait until the person's cell number come through (which is surprisingly a long time after I received their ID number, address, bank activity, power of attorney etc etc) and then phone them. Always fun conversation. Hello Mr X, I am Mr X. You might not know me but boy do I know a lot about you. Please phone FNB to sort out the mess on your account. Once following the incontact messages I phoned them right agter they walked out of checkers and he was surprised I knew it.
 
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