Banks reassure clients on data security

Singapore

BANKS yesterday were fielding calls from rich clients and reassuring them on the safety of their data following the shocking report that hundreds of StanChart clients' data had been stolen.

On Thursday, Standard Chartered revealed that 647 bank statements of private bank clients had been found on a computer belonging to alleged hacker James Raj Arokiasamy. The statements were stolen in March from one of the servers at Fuji Xerox Singapore, which prints these statements for StanChart's private bank customers.