Canadian banks were hacked and nearly 90,000 customer data were stolen

The Bank of Montreal and the Canadian Imperial Bank of Commerce said on Monday that cyber attackers may have stolen the data of nearly 90,000 customers, which seems to be the first time that the country’s financial institutions have suffered major attacks. Canada’s fourth-largest bank, the Bank of Montreal, said on Monday that fraudsters contacted the bank on Sunday, saying they had personal and financial information about the bank’s limited number of customers.

A bank spokesman said the bank believes that less than 50,000 of the 8 million customers in Canada have been hacked. He declined to say if any customers had lost money because of the attack. The spokesman said that the fraudster had threatened to disclose the relevant information and said that the bank was working with the relevant authorities to conduct a thorough investigation.

The Bank of Montreal stated that it believes the attack came from abroad and believes that the exposure of the risk of theft of customer data has been closed.

The Canadian Imperial Bank of Commerce, Canada’s fifth-largest bank, said fraudsters contacted the bank on Sunday and claimed that they had electronically stolen the personal and account information of their Simplii direct bank brand’s 40,000 customers.

CIBC stated that it has not yet confirmed this cyber violation but is taking this statement seriously. CIBC stated that its customers in the main banking sector have not been affected. Both banks stated that they are contacting customers and advised them to monitor their accounts and report any suspicious activity.

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