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Up to €40k ‘phished’ from Permanent TSB customers
18.01.2008
It emerged this morning that up to €40,000 was stolen from the bank accounts of as many as 40 customers of a Permanent TSB branch in Cork when information from their laser cards fell into the hands of hackers.
The customers of the Permanent TSB branch in Ballincollig, Cork had amounts between €700 and €1,000 taken from their accounts.
The bank has described the incident as a "phishing" attack.
Phishing occurs when criminals send emails or other communiqués purporting to be official, asking users to submit their bank account details for confirmation.
The criminals then use this information to access the customer's bank account and steal cash.
It is understood that Permanent TSB's IT team used software to monitor transactions and this sparked an alert in recent days.
Customers were immediately notified and called to the branch for a briefing.
Permanent TSB says at no stage was the bank's security system compromised and that all the money will be refunded.
By John Kennedy
The bank has described the incident as a "phishing" attack.
Phishing occurs when criminals send emails or other communiqués purporting to be official, asking users to submit their bank account details for confirmation.
The criminals then use this information to access the customer's bank account and steal cash.
It is understood that Permanent TSB's IT team used software to monitor transactions and this sparked an alert in recent days.
Customers were immediately notified and called to the branch for a briefing.
Permanent TSB says at no stage was the bank's security system compromised and that all the money will be refunded.
By John Kennedy
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CIO