Australian Information Security Incident Reported: August 21 2019
Aussie banks warn customers after fresh PayID data breach
‘Client-side technical issue’ blamed for latest disclosure.
Reported in: iTnews
Banks have started warning customers of a fresh data breach involving PayID records that was reported to new payments platform overseer NPP Australia late Friday.
NPP Australia said that an undisclosed number of PayID records “and associated data in the Addressing Service were exposed by a vulnerability in one of the financial institutions sponsored into the NPP by Cuscal Limited.”
“The affected data included PayID name and account numbers. However, the spokesperson said that “no financial transactions took place in this process and the issue has been remediated”