Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

UK Financial Regulator Admits to Data Breach

Britain’s Financial Conduct Authority on Tuesday admitted to a data breach, in an embarrassing revelation for the regulator and its boss, who shortly takes over at the Bank of England.

Britain’s Financial Conduct Authority on Tuesday admitted to a data breach, in an embarrassing revelation for the regulator and its boss, who shortly takes over at the Bank of England.

The FCA said it had mistakenly published the details of around 1,600 consumers who had complained about the regulator, which is tasked with overseeing the conduct of Britain’s key financial sector, including any data breaches by banks for example.

The revelation comes just a few weeks before FCA chief executive Andrew Bailey replaces Mark Carney as governor of the Bank of England.

On Tuesday, the FCA said its website had mistakenly allowed visitors to see the names, addresses and phone numbers of complainants, as well as details of the complaints they had made over a period of 18 months to mid-July 2019.

“In many instances, the extent of the accessible information was only the name of the person making the complaint, with no further confidential details or specific details of their complaint,” the FCA said in a statement.

“However, there are instances where additional confidential information” was on view.

The data, which revealed no financial details of individuals, was available to the public between last November and this month, the FCA added.

Advertisement. Scroll to continue reading.

“As soon as we became aware of this, we removed the relevant data from our website,” the regulator said.

“Our primary concern is to ensure the protection and safeguarding of individuals who may be identifiable from the data.”

Bailey is to take over at the BoE on March 16.

Written By

AFP 2023

Click to comment

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

SecurityWeek’s Threat Detection and Incident Response Summit brings together security practitioners from around the world to share war stories on breaches, APT attacks and threat intelligence.

Register

Securityweek’s CISO Forum will address issues and challenges that are top of mind for today’s security leaders and what the future looks like as chief defenders of the enterprise.

Register

Expert Insights

Related Content

Application Security

Cycode, a startup that provides solutions for protecting software source code, emerged from stealth mode on Tuesday with $4.6 million in seed funding.

Cybercrime

The changing nature of what we still generally call ransomware will continue through 2023, driven by three primary conditions.

Cybercrime

Luxury retailer Neiman Marcus Group informed some customers last week that their online accounts had been breached by hackers.

Cybercrime

As it evolves, web3 will contain and increase all the security issues of web2 – and perhaps add a few more.

Cybercrime

A recently disclosed vBulletin vulnerability, which had a zero-day status for roughly two days last week, was exploited in a hacker attack targeting the...

CISO Strategy

SecurityWeek spoke with more than 300 cybersecurity experts to see what is bubbling beneath the surface, and examine how those evolving threats will present...

Cybercrime

Satellite TV giant Dish Network confirmed that a recent outage was the result of a cyberattack and admitted that data was stolen.

Cybercrime

Zendesk is informing customers about a data breach that started with an SMS phishing campaign targeting the company’s employees.