[IWAR] JAPAN bank penetrated

From: Michael Wilson (MWILSON/0005514706at_private)
Date: Mon Jan 05 1998 - 17:03:56 PST

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                   Data is leaked from Japanese bank's computer system
          Copyright ) 1998 Nando.net
          Copyright ) 1998 The Associated Press
       TOKYO (January 5, 1998 5:30 p.m. EST http://www.nando.net) -- A company
       hired by a major Japanese bank to write a software program is under
       investigation for allegedly stealing sensitive information on about
       20,000 of the bank's customers, police said Monday.
       An employee with the software company allegedly approached a Tokyo-based
       mailing-list firm in November about a possible sale of the data. But
       that firm, which sells information to corporations planning direct-mail
       campaigns, alerted Sakura Bank, saying the data on the bank's depositors
       was "too detailed."
       Tokyo police were questioning officials from the software company, which
       has not been named, to determine whether the employee stole the data
       from the very computer system he was hired to improve, police sources
       The disk and other materials allegedly offered for sale included
       assorted financial data on 19,900 Sakura's customers, including the
       status of any loans they had taken out and details on their family
       Bank spokesman Nobuo Iwata said the data could not have been leaked by
       Sakura employees. He did not elaborate.
       After learning of the security breech, Sakura took action to prevent the
       software company from gaining access to additional customer data, he
       Sakura Information Systems Co., an affiliate of the bank, had hired the
       computer company to develop software that would speed up data retrieval.
       The company, which police sources said is affiliated with a major
       trading house, subcontracted the assignment to another firm, which told
       police the data was leaked sometime between Nov. 2 and 8. Police did not
       identify the subcontractor.
       Police are looking into the possibility that employees with the
       subcontractor may have taken the data or that an outsider could have
       hacked into the subcontractor's computer system, according to sources.
       Sakura Bank is one of the world's largest and has 14.5 million
       individual savings accounts -- tops among Japanese banks.

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