HSBC Breach In November Reveals…

HSBC Holdings plc, a British multinational banking and financial services company head-quartered in London, United Kingdom is the world’s second largest bank. Last November, they were breached. HSBC claimed that it “stopped the cyber-attack”, but not before attackers accessed payment card numbers and linked account numbers, along with card expiry dates and card holder names of customers.

It was not disclosed the number of records exposed or possible number of customers affected in the breach, some reports say the number may total 2.7 million customers.

According to The Guardian, the breach has helped reveal that HSBC provides exceptional customer service by helping some of their clients with tax avoidance and tax evasion services. Despite that bankers are prohibited from doing so.

HSBC says it won’t comment on many of the specific allegations because of ongoing criminal investigations and because of Swiss bank secrecy laws.