Data breach: Reserve Bank likely facing $250K ransom; files from other victims made public
18 Feb, 2021 01:45 AM
6 minutes to read
A US law firm and a Singapore telco caught up in the same data breach as the Reserve Bank have had stolen files leaked online by a ransomware gang. A security expert says that means it s now possible that some of the RBNZ s stolen files - described by the banks as sensitive - could now also be leaked on to the internet in a bid to pressure the NZ central bank into paying a ransom.
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In mid-December, Accellion FTA - a service for sharing large files - suffered a data breach. The Reserve bank, top US law firm Jones Day and Singapore s largest phone company, Singtel and some 47 others, including the Australian Securities and Investments Commission, had data stolen in the cyberheist.
A vendor data breach has affected Jones Day and other law firms businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
We have completed our assessment of the files illegally downloaded during the breach and are notifying the organizations whose files contained sensitive information to support them and assist in managing the impact on their customers and staff, says Adrian Orr, the reserve bank s governor.
The Reserve Bank s investigation found that files removed from the bank s systems exposed data that included personal email addresses, dates of birth and credit information, Orr says.
The bank has brought in KPMG to conduct an additional independent review of its systems and processes. Our core functions remain unaffected, sound and operational, Orr notes.
Accellion s FTA Breached