Tag

Customer Accounts

All articles tagged with #customer accounts

cybersecurity1 year ago

Ticketmaster Data Breach Exposes Millions of Customer Accounts

Snowflake denies claims of a breach in its production environment, attributing the theft of Santander and Ticketmaster data to compromised customer login credentials. The company asserts that the attackers accessed accounts lacking two-factor authentication and that no vulnerabilities or misconfigurations in Snowflake's systems were involved. Snowflake has engaged Crowdstrike and Mandiant for incident response, confirming that the compromised accounts were demo accounts of a former employee, not linked to production or corporate systems.

business2 years ago

The Mystery Behind Banks' Sudden Account Closures

Banks are suddenly closing down customer accounts, leaving individuals and small-business owners unable to pay rent or make payroll. The explanations provided lack detail, and customers often discover their accounts are closed while attempting to make transactions. This practice, known as "exiting" or "de-risking," is part of a larger effort to crack down on fraud, terrorism, money laundering, human trafficking, and other crimes.

finance2 years ago

Bank of Ireland Resolves Glitch Allowing Unauthorized Cash Withdrawals

Bank of Ireland experienced technical faults that allowed some customers to withdraw large sums of money from cash machines despite having insufficient funds in their accounts. The issue has since been resolved, but transfers and withdrawals will still be applied to customers' accounts. The bank has urged affected customers to contact them if they face financial difficulties due to overdrawing. The Irish police are aware of the situation and have reminded individuals of their personal responsibility in carrying out their banking activities. The disruption caused by the glitch has led to an apology from the bank.