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Commonwealth Bank admits customer data breach affecting 19 million accounts

Commonwealth Bank admits customer data breach affecting 19 million accounts

The Commonwealth Bank is reportedly facing renewed investigations after admitting it lost backup data on tape for more than 15 years of customer statements in 2016, affecting almost 20 million accounts.

by Shared by Australian Financial Review | 3 May, 2018

Commonwealth Bank accused of money laundering

The CBA’s acting group executive for retail banking services, Angus Sullivan, issued a video statement on YouTube after BuzzFeed Australia published an article about the incident on Wednesday.

Read the full article on the Australian Financial Review.