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UPDATE: South Africa's FNB Urges Vigilance After Experian Data Breach

20th Aug 2020 07:27

(Alliance News) - First National Bank, a subsidiary of Johannesburg-listed Firstrand Ltd, has warned its customers to be vigilant after Experian PLC experienced a breach of data.

Experian, a Dublin-based consumer credit reporting company whose clients include banks, reported on Wednesday that a data breach has exposed some personal information of as many as 24 million South Africans and 793,749 business entities to a suspected fraudster.

"We are working with the South African Banking Risk Information Centre, the Banking Association of South Africa, and law enforcement and regulatory authorities to mitigate any potential risks on our customers as a result of the incident," FNB said in a statement late on Wednesday.

"Customers are advised to be extra vigilant and follow our recommended security precautions, which can be found on Security Centre on the FNB App and Online Banking," the bank said.

The bank is communicating directly to customers who may have been impacted by the data breach.

By Artwell Dlamini; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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