Early warning

“SunTrust Sees Risk of Breach,” The Wall Street Journal, April 21, 2018 B3.  A SunTrust employee may have stolen information (names, addresses, account balances, and phone numbers) on 1.5 million customers.

The bank became aware of a problem in February, but only recently became aware that the (now-former) employee was trying to share the information outside the bank.

Good for the bank to have systems that notice the unusual activity and for the bank to have given relatively early notice.

 

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Filed under Communications, Controls, Corporation, Duty, Employees, Governance, Internal controls, Oversight, Privacy, Protect assets, To report

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