Cybersecurity

Information Regulator to probe Standard Bank over data breach

Africa / South Africa1 views1 min
Information Regulator to probe Standard Bank over data breach

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The Information Regulator is investigating Standard Bank over a data breach involving unauthorized access to client personal information. The breach, which occurred in March 2026, has put affected clients at risk of impersonation and phishing scams.

Standard Bank identified unauthorized access to select client data in March 2026. The breach impacted information such as names, ID numbers, and company registration numbers. The bank's systems were not compromised, but affected clients are at risk of impersonation and phishing scams. The Information Regulator is assessing the breach and will probe Standard Bank's security measures. South Africa has been a target of cybercriminals, ranking 27th globally among the most breached countries in 2025. The regulator will conduct a parallel investigation to determine if a formal investigation is needed.

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