StanChart says private bank client data stolen

City A.M. Reporter
BANK statements for almost 650 of Standard Chartered’s private banking clients have been found on the laptop of an alleged website hacker in Singapore, the police and the firm said yesterday.

Standard Chartered said the February 2013 monthly statements for 647 of its clients were stolen, taken from the server of Fuji Xerox which provides printing services to the bank.

“The confidentiality and privacy of our clients are of paramount importance to us, and we take this incident very seriously,” said Ray Ferguson, chief executive of Standard Chartered Singapore.

The firm said it had not found any evidence that unauthorised transactions had resulted from the incident and that it was contacting the clients whose statements were taken.

Singapore Police Force said the data was found on a laptop belonging to James Raj Arokiasamy. Raj is currently in custody in Singapore after he was charged last month under cyber security rules for allegedly hacking into a local government website using the moniker “The Messiah”.