• Sweden edition
Business & Money

Card firm hacking hits thousands of Swedes

Published: 14 Oct 09 07:57 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/22642/20091014/

Debit card information for tens of thousands of Swedish banking customers may have fallen into the wrong hands following a security breach at card manufacturers MasterCard and Visa.

Computer systems at both card makers were breached recently, allowing hackers to get away with data on thousands of banking cards, the Aftonbladet newspaper reports.

The hacking at Visa took place in Spain and the company won’t say exactly how many cardholders may have been affected.

Nevertheless, a number of Swedish banks have begun notifying customers about the incident.

“Where there is a risk that the cards may be misused, we contact customers and ask them to block their cards so that we can exchange them,” said SEB spokesperson Kerstin Ottosson to the TT news agency.

“For us, there are about 28,000 cards which have been affected, but I can’t say how many of them will need to be exchanged.”

Swedbank spokesperson Jenny Clevström said the bank was aware of the breach, but that no Swedbank customers were affected.

“But we’re going to exchange a few cards as a precautionary measure,” she told TT.

Helena Östman of Nordea said the bank had been notified by both MasterCard and Visa about the problem.

A customer with ICA Bank told Aftonbladet that he had been informed by the bank that his card had been blocked due to a breach at MasterCard somewhere in Europe.

Handlesbanken also took steps to notify affected customers on Tuesday.

“We’ve gone out with information today that a card manufacturer may have been hacked in another European country,” Handlesbanken spokesperson Bengt Carlsson told the newspaper.

TT/David Landes (news@thelocal.se)

What do you think? Leave your comment below.

Fark It! Digg This  Share everywhere
Send to a friend Printable version Twitter This

Your comments about this article:

The comments below have not been moderated in advance and are not produced by The Local unless clearly stated. Readers are responsible for the content of their own comments. Comments that breach our terms and conditions will be removed.

08:46 October 14, 2009 by Zpeed
As always there's no problem and no risk for customers, yet still some cards will be swapped. Like many spokespersons of large companies: only a minor problem that affects only a very small set of customers in very special conditions, nothing to worry about (Apple, anyone?).

Swedbank is best:

"...the bank was aware of the breach, but that no Swedbank customers were affected."

yet:

"But we're going to exchange a few cards as a precautionary measure,"

Just say how it is, you lost your stuff in a hack in Spain (what are our card nrs doing there?) and you're not even sure how many / what cards are lost.

Customers are not stupid and playing down this stuff is just annoying.
09:25 October 14, 2009 by peropaco
The banks have to play it down as it they will lose credibility if they say who and how many got affected. The average data breach will cost the bank roughly 1,500.00Kronor per record and about 965,00.Kronor in lost business per customer. If you add to that the cost for notifying each customer, damage to reputation and 25% of the affected customers will take their business elswhere. This is the reason why they lying foucks will come out and say it was no big deal.
11:27 October 14, 2009 by BrittInSweden
Two of my friends got caught out by this and their cards were attempted to be accessed by some charity for the blind in the USA. SEB picked up on it and blocked the card with no money lost to either of them.

@Zpeed.

Your card details are all over the world on VISA and Master Card servers.
11:52 October 14, 2009 by Dr. Dillner
Well stated, Peropaco, you must be in the banking business.
12:13 October 14, 2009 by KamiZ
yes all the servers are connected. this is standard practice by all companies with a global presence. what they're saying is that the breach occured in a server in Spain. the hackers probably entered the system through a server in Spain and then did what we all just read. the banks aren't responsible i think
13:56 October 14, 2009 by peropaco
@Dr. Dillner, Näääääj. Just a simple Brougham driver. :-D))
09:26 October 15, 2009 by karex
KamiZ is right: it was pobably a server breach. In a global company that means access to world-wide data. Which also means it has probably affected a lot more people than just Swedish customers, possibly customers all over the world.

However, if it is indeed true that they can say how many customers were affected, then that means they also know who they are, and possibly halted the data transfer as it happened. Unless of course it was an inside job and someone just burned a CD or downloaded data directly on a memory stick... scary thought.
09:32 October 16, 2009 by Nemesis
Anyone hacks my account, I will track them down and have an Ulster to Sweden cultural exchange, no matter what part of the planet they are on and who they are associated with.
13:30 October 16, 2009 by Beynch
"..somewhere in Europe,,,,another european country"? According to many other stories on this topic, 80%, or was it 90%, of credit card scams, are originating in Roumania. Why is this story not mentioning this?
ADD YOUR COMMENT   (YOU MUST LOG IN OR REGISTER TO MAKE A COMMENT)
Business & Money headlines
Swedish recruiters check jobseekers on the net

Swedish recruiters check jobseekers on the net

40 percent of recruiters are checking potential employee’s social networking pages during the hiring process, a figure which has shot up from last year, according to a recent report. READ (1 COMMENT) »

Rise in polls 'Löfven-effect': political expert

Rise in polls 'Löfven-effect': political expert

Since the new Social Democrat party leader Stefan Löfven took up the post, the party is gaining strength in the polls, causing political experts to speak of a ”Löfven-effect”. READ »

Saab shares dive despite strong 2011 report

Saab shares dive despite strong 2011 report

Swedish defence group Saab on Friday reported a major boost in earnings for 2011 thanks to winning several major contracts, but a drop in orders left investors jittery, sending Saab's stock price down nearly 10 percent. READ (3 COMMENTS) »

Mats Sundin in massive kid's health research gift

Mats Sundin in massive kid's health research gift

Mats Sundin, the ex-Swedish hockey great, has made a donation supporting research into children's health at Karolinska Institutet in Stockholm and the University of Toronto. READ (5 COMMENTS) »

H&M under fire over Cambodia mass faintings

H&M under fire over Cambodia mass faintings

H&M has been criticized for choosing not to attend a hearing to highlight poor conditions for textile workers in Cambodia, where hundreds of employees at a plant run by the Swedish fashion giant mysteriously passed out in August. READ (6 COMMENTS) »

SAS earnings hit by Spanair bankruptcy

SAS earnings hit by Spanair bankruptcy

The bankruptcy of Spanair pulled SAS into the red for 2011, despite improved operating profits, the Scandinavian airline reported on Wednesday. READ (2 COMMENTS) »

Saab to cut Swiss Gripen fighter price: report

Saab to cut Swiss Gripen fighter price: report

Swedish defence group Saab have announced that it will cut the price on its Gripen fighter jet to secure its Swiss order after a threat by French planemaker Dassault to undercut them. READ (6 COMMENTS) »

A file image of a worker at a Volvo Cars assembly plant

Few Swedes ready to work until they're 75: poll

An overwhelming majority of Swedes disagree with Swedish prime minister Fredrik Reinfeldt's suggestion that workers should be ready to stay on the job until they are 75, a new poll shows. READ (34 COMMENTS) »

SAAB BANKRUPT
Several bids for Saab: administrator

Several bids for Saab: administrator

Several companies are interested in buying Saab, confirmed the bankrupt Swedish carmaker's administrators on Tuesday, while currently unwilling to disclose the identities of the bidders. READ (2 COMMENTS) »

US ISPs block hacker probes: Swedish police

US ISPs block hacker probes: Swedish police

The Swedish National Police Board has called for new international laws to catch hackers on the internet, after US internet service providers refused to divulge information on the weekend's attack on government websites. READ (5 COMMENTS) »

More Business & Money

Highlights from Follow Sweden

20 things to know before moving to Sweden

As diverse as Sweden is, there are a few societal norms that are distinctly Swedish. Understanding a handful of them will hopefully prepare you culturally before you relocate. When you're invited home to a Swede, you better be on time and take your shoes off, writes expat Lola Akinmade-Åkerström. Read more »

How far can English take you in Sweden?

Sweden is a country where almost everyone can speak English. So why bother to learn Swedish? Edina Varnagy from Hungary managed with English for a whole year but then found that Swedish could open doors – to a job, a social life and greater understanding. Read more »


Find a new job in Sweden now
13/02 Computer Support Specialist
European Spallation Source ESS AB
SKÅ
13/02 Manager Platform Program Purchasing
Tetra Pak
Lund
13/02 Office Manager to Hansoft
Hansoft
Uppsala
13/02 Falck is looking for a dynamic and dedicated Country Manager
Falck TravelCare AB
Stockholm
13/02 Do you have a great passion for networks and different cultures?
Dfind IT
VTG
13/02 Marketing Campaign Manager
Proffice Sverige AB
VTG
13/02 Key Account Manager Food
Borregaard
Sarpsborg
13/02 YOUNG TALENT PROGRAM - AUTOMATION ENGINEER -- AUTOMATION PLATFORM
Tetra Pak
Lund
13/02 Service Engineer
The Timken Company
Hovedstaden
13/02 Arbetsinjengör till Swenox
Swenox AB
Nyköping

ALL JOBS »


Latest Business & Money news from Germany
Doctor of Psychology
Therapy in English in Stockholm Trained in California Individuals & Couples (08) 93 81 48 FREE phone consultation
Visit anxiousorblue.se
Get on the Tennis Court with www.babolatshop.se
The new Online Tennis Store with the largest selection of Babolat Products in Sweden
http://www.babolatshop.se
Turning Point Counseling
Turning Point Counselling centre offers the international community of Stockholm a safe space for personal development, counselling and coaching.
http://www.turning-point.se/show.asp
Swedish Down Town
Swedish Down Town PR Consulting and Productions is an innovative business company which provides valuable assistance with Public Relations and Communications in the swedish and the international market.
www.swedishdowntown.com
The Local's new Marketplace
Find products and services that are specifically focused on English speakers living in Sweden!
FULL DETAILS
English Speaking Therapist Stockholm
British-Australian Male Counsellor. Counselling Therapy for Depression, Mental Health, Sex, Relationship & Expat Issues
08-559 22 636 or CLICK HERE
Counseling in English
Individuals & Couples - Stockholm Beth Rogerson PhD - Clinical, Marriage & Family Therapist
Click or call 08-5580 1266 now