BMO and CIBC Simplii Financial reveal hacks of customer data

2 Canadian banks say accounts compromised: CIBC says 40,000, and BMO says up to 50,000 affected.

Two Canadian banks warned customers Monday that they have been the targets of hackers, and the personal information of tens of thousands of customers may have been stolen.

CIBC-owned Simplii Financial was the first to warn on Monday morning that hackers had accessed the personal and account information of more than 40,000 of the bank’s customers.

The bank said it received a tip over the weekend that hackers had obtained the data, and after a preliminary investigation decided to go public on Monday.

> Read entire article BMO and CIBC-owned Simplii Financial reveal hacks of customer data | Pete Evans | CBC

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