Absa suffers data breach

[Apogee]

ABSA definitely sells our data to 3rd parties.

There is only one place in earth that two relatives are linked, and that is at ABSA.

One overseas relative basically gave signing rights to his account to the local relative.

Every now and again the local relative gets marketing sms from 3rd parties addressing her by the overseas relative's first name.

Where else but from ABSA could they get those details?

 

[Captain Beer]

Absa told MyBroadband that the data was exposed due to the actions of an employee who acted unlawfully.

 

[Brenden_E]

View attachment 964714

I suspect more like:

shell>mysqldump -u remembertodeletethis -p password123 > /profit.sql

 

[RudderVator]

Why?

FNB is crap, Standard bank, Nedbank all sucks

It baffles me why anyone would willingly bank with FNB. mostly all of them suck

 

[Zukat]

I am baffled why anyone would willingly bank with ABSA.

It didnt seem to be a problem for you while you worked for them... touche

 

[Crumbl0x]

It baffles me why anyone would willingly bank with FNB. mostly all of them suck

hmm, I'm wondering too because I deal a lot with second-hand classifieds and 8/10 times people use an FNB account. While I would like to open one too for convenience's sake, everyone else recommends against them so I'm still doing research on who's the least worst hehe

 

[Johnatan56]

hmm, I'm wondering too because I deal a lot with second-hand classifieds and 8/10 times people use an FNB account. While I would like to open one too for convenience's sake, everyone else recommends against them so I'm still doing research on who's the least worst hehe

If I had to go through opening bank process again, I'd probs go with Capitec, and I'm currently at FNB.

 

[Brenden_E]

It didnt seem to be a problem for you while you worked for them... touche

I didn't willingly bank with them, kinda said so...

 

[Napalm2880]

ABSA definitely sells our data to 3rd parties.

There is only one place in earth that two relatives are linked, and that is at ABSA.

One overseas relative basically gave signing rights to his account to the local relative.

Every now and again the local relative gets marketing sms from 3rd parties addressing her by the overseas relative's first name.

Where else but from ABSA could they get those details?

They're not even 3rd parties anymore since the banks started buying up the short term loan guys.

 

[Johand]

I do feel sorry for the banks though. Thousands of employees and you are making tradeoffs in terms of customer service and data security. And syndicates would just love to use either carrot (money/women) or stick (intimidation/voilence) to turn employees into spies.

Probably the safest bank is the one with the fewest employees.

 

[Brenden_E]

I do feel sorry for the banks though. Thousands of employees and you are making tradeoffs in terms of customer service and data security. And syndicates would just love to use either carrot (money/women) or stick (intimidation/voilence) to turn employees into spies.

Probably the safest bank is the one with the fewest employees.

It's called data-security. This should not be possible, ever.
ABSA's IT is a dog show.

 

[Sapphiron]

It's called data-security. This should not be possible, ever.
ABSA's IT is a dog show.

Yip, if a small 20 employee company can afford a DLP solution, ABSA should not have any excuses.

 

[McGuywer]

Yip, if a small 20 employee company can afford a DLP solution, ABSA should not have any excuses.

I see what you did there.

 

[envo]

So this just confirms that ABSA employees have been, and still are (since at least 2007 from a fraud case I know about), accessing data without proper audit trails put in place that are reviewed on an ongoing basis and is the reason why fraud at the bank is so rife? Yea, not news to me (and many others)

 

[RudderVator]

It's called data-security. This should not be possible, ever.
ABSA's IT is a dog show.

is it? seems like one of the banks with the least amount of technical problems actually? Card system does not constantly crash compared to FNB.

FNB credit card customers left with zero balance and declined payments due to ‘FICA glitch’

FNB credit card customers have been left with declined transactions and zero balances due to a technical issue.

businesstech.co.za

New BrandsEye index reveals the best and worst banks in South Africa

The latest BrandsEye South African banking sentiment index ranks the country’s large banks from best to worst.

mybroadband.co.za

 

[Petec]

Ahhhhh the ABSA and Vodacom internal staff syndicate. They have been running for years.
Double “salaries” yo!

 

[Herr der Verboten]

Absa suffers data breach

Absa has suffered a data breach affecting a number of its clients, exposing their personal information to external parties.

The bank sent an email to affected clients on Monday 30 November, warning them that their personal information had been shared with third parties.

It's only a breach/criminal if you are caught in the cookie jar. Otherwise it's business as usual

 

[lkswan747]

Once again, the seriousness of the data leak has been downplayed by a corporation! I don't care if it was one record, one thousand records or a million! The fact of the matter is that they allowed the data leak to occur and then have the cheek to say that it was only a small portion of the database.
As mentioned before, it is high time that an example is made of a corporate data leak as well as guilty parties, as there seems to be no consequence management and data leaks are becoming all too common.

 

[Herr der Verboten]

Once again, the seriousness of the data leak has been downplayed by a corporation! I don't care if it was one record, one thousand records or a million! The fact of the matter is that they allowed the data leak to occur and then have the cheek to say that it was only a small portion of the database.
As mentioned before, it is high time that an example is made of a corporate data leak as well as guilty parties, as there seems to be no consequence management and data leaks are becoming all too common.

then go and lay criminal charges at your nearest police station?

 

[lkswan747]

then go and lay criminal charges at your nearest police station?

??