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TransUnion hack: Banks trying to protect accounts, but warn of ‘tricky’ impersonators | Fin24

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Banks are working with TransUnion to protect their clients’ personal data in the wake of a major hack at the credit bureau, the SA Banking Risk Information Centre (Sabric) said on Saturday.

TransUnion announced on Friday that it had been hacked and received a demand for ransom that it said “will not be paid". Picture: Getty

"Sabric has already engaged TransUnion South Africa with the aim to coordinate the banking industry’s efforts to secure bank customers’ profiles against abuse," CEO Nischal Mewalall said in a statement. TransUnion announced on Friday that it had been hacked and received a demand for ransom that it said"will not be paid".

N4aughtysecTU reportedly threatened to attack TransUnion's corporate clients if the credit bureau didn’t pay it $15 million in Bitcoin.

 

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