South Africa’s (SA) Information Regulator says it is still trying to determine the full impact of the recent data breaches involving Standard Bank and Liberty.
The breaches, which were reported on March 23, are still under investigation, with both institutions providing regular updates to the regulator.
Standard Bank has not said how many clients may have been affected, but insists its systems remain secure.
There are concerns that personal information such as names, identity numbers, and company registration details may have been exposed, raising the risk of fraud or impersonation.
Deborah Lamola, from the regulator’s Protection of Personal Information Act division, says no final decision has been taken yet.
She says the regulator is still reviewing the information submitted by Standard Bank before deciding how serious the breach is and what action should follow.
–ChannelAfrica–
