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Daily Dashboard | Canadian banks suffer data breaches affecting 90K Related reading: Switzerland's DPA finds online retailer violated data processing standards

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A pair of Canadian banks suffered data breaches affecting nearly 90,000 customers, Reuters reports. Hackers contacted the Bank of Montreal and the Canadian Imperial Bank of Commerce, informing the institutions they stole customers’ personal and financial information. A BMO spokesman said the malicious actors threatened to make the data public and that the bank is working with law enforcement to conduct an investigation. The BMO believes the attack came from a source outside of the country, adding it is confident it fixed the vulnerabilities resulting in the breach. The banks are notifying customers of the breach, advising them to monitor for and report any suspicious activity. Former Ontario Privacy Commissioner Ann Cavoukian criticized the two banks following the breaches.
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