Reports indicate that a whistleblower has provided details that show that the personal and financial details of over 27,000 customers of international banking giant Barclays had been sold to rogue traders who have been targeting the victims with unscrupulous investment schemes.
The whistlblower provided news publication The Mail with samples of the stolen data which included customers’ incomes, savings details, mortgage information, indications of health issues, insurance policy data, and even passport numbers, which ended up in the possession of brokers.
The data was provided by an unidentified former commodities broker who indicated he was compelled to come forward in order to protect the customer whose data was exposed, saying they need to be warned of the breach and the potential they are being targeted.
“This is the worst [leak] I’ve come across by far,” said the whistleblower. “But this illegal trade is going on all the time in the City. I want to go public to stop it getting bigger.”
Some of the stolen data appears to linked to Barlcays’ Financial Planning unit which was decommissioned in 2011, but the whistleblower said he did not become aware of the data until last year when he was asked by the manager of the brokerage firm he worked for to sell some of the records they had been using for leads since 2012, which indicates the breach is at least several years old.
“We are grateful to The Mail on Sunday for bringing this to our attention and we contacted the Information Commissioner and other regulators on Friday as soon as we were made aware,” Barclays representatives said in a statement.
“We will take all necessary steps to contact and advise those customers as soon as possible so that they can also ensure the safety of their personal data.”
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