Santander, one of the world’s largest banks, has reported a data breach that has exposed customer and employee information. The bank has confirmed that there was unauthorized access to a third-party database that contained information on an undisclosed number of customers and employees. The breach affects customers of Santander in Chile, Spain, and Uruguay. Other markets and businesses of Santander are not affected by this incident.

The bank has not disclosed specific details about the sensitive data that was exposed but has assured customers that transactional data and credentials necessary for conducting transactions are not included in the compromised database. Santander’s operations and systems remain unaffected, allowing customers to continue transacting securely.

Santander has taken immediate action to contain the breach by blocking access to the compromised database. The bank has also established additional fraud prevention controls to protect affected customers. Furthermore, Santander is proactively contacting customers and employees who have been affected by the breach. Regulators and law enforcement have been notified, and the bank is cooperating closely with them.

This breach at Santander follows a recent incident at JPMorgan Chase, where a breach exposed retirement records of 451,809 customers. However, there is currently no indication that the data has been misused in that case.

In conclusion, Santander is taking the necessary steps to address the data breach and is committed to ensuring the security of its customers’ information.