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Banking Group Marks Cybersecurity Month by Disclosing a Hack

Reading Time: < 1 minute  |  Published: October 2, 2015 in Industry News

The American Bankers Association, the financial-industry lobbying giant that wants laws forcing retailers to improve data protection, made two announcements Thursday: It’s observing National Cybersecurity Awareness Month. And hackers have breached its system.

“ABA has learned that e-mail addresses and passwords used to make purchases or register for events through’s shopping cart have been compromised,” the organization wrote in an e-mail to people who’ve used the online checkout system. “Like the banks we serve, ABA takes data security very seriously. We also recognize that despite significant security measures, breaches can and do occur.” Read More.

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