Standard Chartered elite customer details on alleged hacker's laptop

posted onDecember 11, 2013
by l33tdawg
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Singapore's central bank has called on financial institutions to tighten up cybersecurity after a database on elite customers of Standard Chartered Bank was compromised.

Police confirmed yesterday that information on private-banking clients of the British lender had been found in the laptop of a Singaporean man charged with hacking the parliamentary district website of Prime Minister Lee Hsien Loong.

The Monetary Authority of Singapore (MAS) said in a statement it had "reminded all FIs (financial institutions) to heighten their vigilance to safeguard their IT systems and customer information, including controls at third party service providers". Police said they discovered files containing data on Standard Chartered's clients in a laptop seized from James Raj when he was arrested on November 4 in Malaysia.

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