Published by maria gbaf
Posted on February 22, 2022
1 min readLast updated: February 8, 2026
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BERLIN (Reuters) – Germany does not think it is affected by a leak of Credit Suisse client data that was published by an investigative journalism network, a spokesperson for the finance ministry said on Monday.
BERLIN (Reuters) – Germany does not think it is affected by a leak of Credit Suisse client data that was published by an investigative journalism network, a spokesperson for the finance ministry said on Monday.
Several media outlets published allegations that the bank’s clients included human rights abusers and businessmen who had been placed under sanctions.
Credit Suisse rejected allegations of wrongdoing.
(Reporting by Kirsti Knolle and Paul Carrell; Editing by Miranda Murray)
A data leak occurs when sensitive information is unintentionally exposed to unauthorized individuals. This can happen through hacking, negligence, or inadequate security measures.
Client data refers to any information collected from customers, including personal details, financial records, and transaction histories, which businesses use to manage relationships and services.
An investigative journalism network is a group of journalists and media organizations that collaborate to uncover and report on significant issues, often involving in-depth research and analysis.
Compliance in finance refers to the adherence to laws, regulations, and guidelines governing financial practices to ensure transparency, integrity, and accountability in financial operations.
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