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Italy’s UniCredit: Breach Went Undetected for Four Years

Breach went undetected for four years, UniCredit says. Data exposed includes customer names, city of residence, telephone numbers and email addresses. Incident occurred in 2015, before the 2016 launch of the banks Transform 2019 initiative. Bank says it’s working with local law enforcement agencies on the investigation of the newly discovered incident. The bank has invested 2.4 billion in upgrading and strengthening its IT systems and cybersecurity, a spokesperson says. In June 2019, the bank implemented a new strong identification process for access to its web and mobile services, as well as payment transactions.”]

Source: https://www.databreachtoday.com/italys-unicredit-breach-went-undetected-for-four-years-a-13347

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