According to a recent press report Citigroup Inc told the press that computer hackers have violated the e bank’s network and accessed data on hundreds of thousands of bank card holders in the latest of a string of cyber attacks on high-profile companies. Citigroup said that about one percent of its card customers were affected by the breach. The names of customers, account numbers and contact information, including email addresses, had been viewed.
Sean Kevelighan, a US-based spokesman told the press that information such as birth dates, social security numbers, card expiration dates and card security codes (CVV) were not compromised and the new procedures have been implemented in order to avoid a recurrence of this type of event in future.
Reports said that Citigroup has also discovered the unauthorized access at Citi Account Online, an online banking service, through routine monitoring. , Citigroup global enterprise payments head Paul Galant earlier said that the security breaches are a fact of life for financial institutions and that it is the mission of the banking industry to keep the customer base safe and customers feeling secure about their financial transactions and payments.
Citigroup, the home loan and personal loan lenders have taken steps to protect the details of their customers and avoid any such breach in future.