[BreachExchange] Liberty : CEO labels hack criminal act

[Inga Goddijn]

http://www.4-traders.com/LIBERTY-HOLDINGS-LTD-1413383/news/Liberty-CEO-labels-hack-criminal-act-26781197/

An external party gained access to Liberty's IT infrastructure and demanded
payment.

Liberty Holdings is in the middle of a criminal investigation after hackers
gained unauthorised access to its IT systems, says CEO David Munro.

Munro briefed media on Sunday evening about its data breach and the steps
the company is taking to secure clients' data.

On Saturday, the financial services company informed customers via text,
emails and a message on its Web site alerting them about a security breach
to its systems. According to company, an external party gained unauthorised
access to its IT infrastructure and demanded payment.

The message reads: "Dear valued customer, Liberty regrets to inform you
that it has been subjected to unauthorised access to its IT infrastructure
by an external party who requested compensation for it. Since becoming
aware – we have taken immediate steps to secure computer systems and are
investigating the incident. We are giving this matter the highest priority
and will keep you informed as appropriate." On Sunday, Munro said the
company is at an advanced stage of investigating the extent of the data
breach.

According to him, Liberty was alerted to the data breach very late on
Thursday evening, and immediately convened a team of specialists, which
included IT and security specialists to investigate the incident.

He continued to say the company immediately identified and addressed
specific vulnerabilities their IT systems may have had to ensure the
integrity of customers' data. "We can confirm that we are in full control
of our IT environment. To our customers, we totally understand their
concerns and we deeply regret the possible impact of this act of
criminality." So far, noted Munro, the data breach seems to be largely
emails and possibly attachments. Any further updates will be given as soon
as more facts emerge, he said. "To be clear at this stage there is no
evidence that any of our customers have suffered any financial loss. We
will pro-actively inform our customers if and when we discover that they
may have been impacted." The Liberty CEO also stated that all policies and
contracts remain in force.
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