BMO and CIBC-owned Simplii Financial reveal hacks of customer data | WHAT REALLY HAPPENED

BMO and CIBC-owned Simplii Financial reveal hacks of customer data

Two Canadian banks warned customers Monday that they have been the targets of a recent hack attempt, and in one case the personal information of as many as 40,000 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.

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