← Saxo Bank

2020 Saxo Bank Securities (Japan) — third-party server compromise; ~750 clients with confirmed leaked PII

2020 750 records affected Share on X

Data compromised

Names, addresses, DOB, contact details, bank account information, and identity-verification documents per company and trade summaries

Technical writeup

Saxo Bank Securities Co., Ltd. (Japanese subsidiary) publicly documented a July 2020 cyber incident involving unauthorized access to infrastructure operated by an external provider associated with customer onboarding / account-management workflows (described in vendor Q&A materials as a customer-information system tied to deposit-withdrawal tooling rather than core trading engines). The firm stated tens of thousands of customer rows could have been present on affected systems while confirming leaked data for 750 clients, including identity and banking verification attributes. Remediation narratives included server shutdown, migration to internally managed systems, and tightened account protections.

Root cause

Compromise of third-party–hosted systems processing customer records

References