Citigroup Hacked

Hot on the heels of all the recent hacking attacks against Sony comes the news that banking company Citigroup has had the names, email addresses, and account numbers of 200,000 customers stolen. Whilst Citigroup have stated that other sensitive customer information has not been lost (such as pin numbers, date of birth etc.) this is still a worrying situation.
Citigroup released the following statement:
“During routine monitoring, we recently discovered unauthorized access to Citi’s Account Online. A limited number – roughly one percent – of Citi bankcard customers’ account information (such as name, account number and contact information including email address) was viewed. The customer’s social security number, date of birth, card expiration date and card security code (CVV) were not compromised. We are contacting customers whose information was impacted. Citi has implemented enhanced procedures to prevent a recurrence of this type of event. For the security of these customers, we are not disclosing further details.”

While I am sure that Citigroup ‘implementing enhanced procedures’ after the fact will come of little reassurance to those affected, at least they have now done something – the question remains as to whether anyone can ever be sure that there is enough security. Until there is a true penalty for these companies for losing customers data we can never be sure how hard they are actually trying.
If you are one of the people affected by this, keep an eye on all your transactions, and be aware that communications seemingly from Citigroup may in fact be phishing scams coming from the hackers.

One thought on “Citigroup Hacked”

  1. Aren’t sinister coiaorptron names great? Metagroup isn’t bad at all, it reminds me of the Umbrella Corporation from the Resident Evil movies. Both are fitting, but perhaps a bit too broad. They should be reserved for satire, like Robocop’s Omni Consumer Products. Joss Whedon is batting .500 in sinister coiaorptron names. Blue Sun from the Firefly series is not particularly resonant, but he hit the ball out of the park with the demonic (literally) law firm Wolfram & Hart in the Buffy spin-off, Angel.Fairly unsensationalistic names that retain their sinister aura due the excellence of the works they appear in include Thomas Pynchon’s Yoyodyne (who retain the services of Wolfram and Hart, according to Wikipedia), the Weyland-Yutani Corporation from the Alien movies and of course, Blade Runner’s Tyrell Corporation.The reason for the fairly lengthy preceding list of sinister sounding fictional coiaorptrons is to strengthen the case for the real world being stranger (and more sinister) than fiction. Exhibit A: One of the largest private equity firms in the United States – owning a controlling stake in coiaorptrons that employ 106,000 and do more than $30B business anually – is Cerberus Capital Management. That’s right – the owner of Chrysler, Albertson’s, et al. – is named for the three headed dog that guards the underworld. It’s the sort of name that elimates any lingering doubts one may have about the infernal nature of the larger agencies of finance capital. For those who slept through Greek Mythology week in high school: Cerberus prevents souls that have crossed the river Styx from ever returning from the underworld. His name may (according to Wikipedia) mean ‘demon of the pit’ and he is the offspring of Echidna, the half-woman/half-serpent wife of Typhon, a terrifying volcano demon who is at war with the gods. If that’s not high finance in a nutshell, I don’t know what is. The naming of CCM is sort of like a vast, corporate Freudian slip. And remember – Cerberus Capital Management is from the real world, unlike MetaGroup, The Umbrella Corporation, Omni Consumer Products, and the rest. In fact, it’s impossible to imagine a name like that getting past even a barely competent script editor. “Could we try for something more subtle here? Tisiphone Real Estate, maybe? Lamia pharmaceuticals? Tartarus Motors?”At least those last three haven’t appeared in Harry Potter, so they might serve to hide the true nature of a secretive, enormous hedge fund from the public a little longer in our post literate age. So: more proof, as if it were needed, that life is stranger than fiction. Also more clumsy and obvious. If only CCM had a script editor! Oh well, too late now.

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