21 October 2017
Register now

Hacker cracks bank server and steals customer logins

13 January 2010  |  13471 views  |  0 anonymous figure in front of stock exchange

The login details of 8378 Suffolk County National Bank (SCNB) customers have been stolen after a hacker gained access to the computer server hosting its online banking system.

The New York state community bank says the intrusion occurred over six days between 18 and 23 November, affecting around 10% of its customers.

It was discovered during an internal security review on 24 December, prompting the bank to rebuild the compromised server and take "other measures to ensure the security of data".

SNCB insists no evidence has been found of unauthorised access to online customer accounts and it has not received reports of unusual activity.

Authorities and customers have been notified and the bank has booked a provision of approximately $351,000, net of taxes, in the fourth quarter for possible related expenses.

J Gordon Huszagh, CEO, SCNB, says: "We understand that this kind of incident is a source of concern: both to our customers, even if their personal information is not misused; and to our shareholders for the expense incurred in response. We have responded to this incident as promptly, diligently and forthrightly as we know how, and will continue to do so until it is fully resolved."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Heartland hacker faces 17-year stretch

Heartland hacker faces 17-year stretch

04 January 2010  |  14189 views  |  0 comments
Former bank computer technician charged in $1m ID theft scheme

Former bank computer technician charged in $1m ID theft scheme

29 October 2009  |  9127 views  |  0 comments
T-Mobile cloud burst is setback for business users

T-Mobile cloud burst is setback for business users

12 October 2009  |  9068 views  |  0 comments
US man charged with stealing 130 million card numbers

US man charged with stealing 130 million card numbers

18 August 2009  |  9866 views  |  0 comments
Network Solutions hack exposes 500,000 card accounts

Network Solutions hack exposes 500,000 card accounts

27 July 2009  |  9934 views  |  0 comments
Hackers steal 285m electronic records in 2008 - Verizon

Hackers steal 285m electronic records in 2008 - Verizon

15 April 2009  |  12722 views  |  0 comments

Related blogs

Create a blog about this story (membership required)
visit www.fivedegrees.nlvisit www.innotribe.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8928 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8667 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7735 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7216 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6827 views comments | 14 tweets | 23 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job