InfoSecBulletin Cybersecurity for mankind
A bank employee accesses the personal information of several dozen customers. The person did that for the time being before being noticed.
TD Bank reimbursed its clients after finding out that one of its employees accessed the personal information of some customers.
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TD Bank fined $28 million for sharing customer data
The bank, based in New Jersey, stated that an employee had been accessing the personal data of some customers for months before being found out. A total of 41 bank clients were affected by this breach.
“We recently discovered that between September 2023 and March of 2024, one of our employees improperly accessed some of your personal information without a legitimate business purpose,” the company said in a customer notification letter dated August 9th.
The personal information that may have been exposed included names, addresses, social security numbers, dates of birth, debit card numbers, expiration dates, and security codes.
“We have reimbursed your account if applicable and we are taking action to better protect your information in the future,” the bank said.
It also said this was “an isolated incident” that was being addressed through an internal investigation by the company’s corporate security team. Law enforcement has also been involved, it said.
According to cyber news, TD Bank is one of the largest banks in the United States. It operates in 15 states, mainly on the East Coast, as well as Washington, D.C. The bank is owned by TD Bank Group, a multinational banking and financial services company based in Toronto.
