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Deutsche Bank Probes Data Breach As Fired Trader Sends 450 Messages After Leaving

By Yana Berman

Deutsche Bank is investigating a possible data breach as a former employee has sent 450 messages after leaving, Financial Times wrote Monday, July 29.

According to the FT, around 50 traders from London and New York still have access to the banking systems. One of them, an equity salesperson, reportedly used remote access to his email and sent around 450 messages.

During the probe, the bank wants to reveal whether the sensible users’ data was affected. However, Deutsche Bank claimed in its letter to the newspaper that nearly all emails sent were already revised and the bank found no evidence of sensitive information being communicated.

Moreover, Deutsche Bank added that all the accounts which belonged to over 900 fired employees were deleted immediately.

Earlier Deutsche Bank announced its staff cuts amid the plan that aims to cut the company’s total costs by 25% by 2022. A total of 18,000 will be laid off by that year.

Deutsche Bank Probes Data Breach As Fired Trader Sends 450 Messages After Leaving
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