Incident Details
The Sûreté du Québec announced more arrests linked to the 2019 Desjardins data breach involving 9.7 million members. Learn about the breach here.
Incident
How Did the Breach Happen?
An employee of the financial institution acted illegally in stealing and distributing personal data for fraudulent purposes.
What Data has been Compromised?
Personal information of 9.7 million members and clients of the Desjardins Movement.
Why Did the company's Security Measures Fail?
Inadequate internal controls and monitoring systems that allowed the rogue employee to access and misuse sensitive data.
What Immediate Impact Did the Breach Have on the company?
Led to arrests of individuals involved in fraud, identity theft, and trafficking of identifying information. Also, resulted in expanded protection plans for affected members.
How could this have been prevented?
Implementing stricter access controls, regular monitoring of employee activities, and providing comprehensive cybersecurity training for all staff.
What have we learned from this data breach?
The importance of robust cybersecurity measures, continuous monitoring of internal systems, and swift action against any suspicious activities to prevent data leaks.
Summary of Coverage
The Desjardins data breach highlighted the critical need for strong cybersecurity practices and swift response to mitigate fraudulent activities.