Canadian lender Desjardins Group has confirmed that the personal data of over 2.9 million of its members has been compromised.

The breach is said to be the result of an employee’s illegal use of internal data.

The employee, whose name was not disclosed, has been dismissed.

The breach leaked personal details such as last name, date of birth, social insurance number, address, phone number, email address as well as banking habits.

However, Desjardins assured that the incident did not affect its computer systems.

Passwords, security questions, and PINs were said to be unaffected by the incident, which affected 2.7 million individual members and 173,000 business members.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Desjardins Group president and CEO Guy Cormier said: “I’d like to reassure our members and clients: their accounts and assets with Desjardins are protected in the event of fraud.

“If they suffer a financial loss as a result of this situation, they will get their money back.

“We regret this situation and are making every effort to ensure that it doesn’t happen again.”

The lender said that it has deployed additional security measures to protect customers. One of these measures is to enhance procedures for authenticating customers.

Affected members will secure a credit monitoring plan and identity theft insurance for 12 months. This will be paid for by the lender.