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BMO and CIBC's Simplii Financial customer data breaches

Disclosed
May 28, 2018
Sector
Finance and insurance
Province or territory
Across Canada
People affected
90,000
Data exposed
Personal and financial information of up to about 90,000 customers, by the banks' first estimates (about 50,000 at BMO and 40,000 at Simplii), after people claiming to hold the data demanded payment. Reports said the data included social insurance numbers, dates of birth and account details. The banks refused to pay, offered credit monitoring and said they would cover any losses.
Cause
Not disclosed
Status
People notified
Sources