Desjardins suffers data breach affecting 2.9 million members after inside job

The Capital régional et coopératif Desjardins investment fund saw its Quebec portfolio jump 19.7 per cent in 2018

The Capital régional et coopératif Desjardins investment fund saw its Quebec portfolio jump 19.7 per cent in 2018

In a statement it said police confirmed to the credit union that the personal information of 2.9 million members "had been shared with individuals outside the organization". The organization said the incident was not a cyberattack, and its computer systems were not breached.

"I'd like to reassure our members and clients: their accounts and assets with Desjardins are protected in the event of fraud", Chief Executive Officer Guy Cormier said in the statement.

. "This includes 2.7 million individual members and 173,000 business members".

The info comprises names, addresses, delivery dates, social insurance numbers, email addresses and info about transaction habits. However, Desjardins stated, passwords, safety questions and personal identification numbers haven't been compromised.

Quebec's regulator of monetary establishments, the Autorités des marchés financiers (AMF), described the agonize as "very serious" however talked about it is "gratified with the actions" taken so a long way by Desjardins Community.

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Desjardins said this was the first data breach the bank experienced in its history since it was founded in 1900; however, this claim has been disputed and proven to be false. It has also hired experts and is working closely with the Laval police. Desjardins Group will be sending a letter to all members affected by the incident. The company said it has implemented additional security measures to protect personal information, accounts and assets.

Today, Desjardins, Canada's largest credit union and one of the world's biggest banks, announced a security breach caused by a former employee.

Anyone whose information changed into affected will receive a 12-month credit monitoring thought, paid for by Desjardins. "We regret this situation and are making every effort to ensure that it doesn't happen again".

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