Major Malaysian Bank Loses Backup Tapes Containing Customer Data

Major Malaysian Bank Loses Backup Tapes Containing Customer Data

Last Monday, Malaysia’s CIMB Group Holdings Bhd admitted to losing their magnetic backup tapes which contained some of their customer’s data.

CIMB revealed that the tapes were physically lost during routine operations, but the backups did not contain information such as pin numbers, passwords or credit card security numbers.

The bank says it is now working closely with authorities and have taken the necessary precautions to mitigate the potential negative impact that would arise from the loss.

Source: FOX Business

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