08.16.2019

ECB Shuts Down Compromised BIRD Website

  • ECB’s BIRD website hacked by unauthorised parties
  • Email addresses and other contact data may have been captured
  • No internal systems or market-sensitive data compromised
  • BIRD website shut down until further notice

The European Central Bank (ECB) said on Thursday that unauthorised parties had breached the security measures protecting its Banks’ Integrated Reporting Dictionary (BIRD) website, which is hosted by an external provider. As a result, it was possible that the contact data (but not the passwords) of 481 subscribers to the BIRD newsletter may have been captured. The affected information consists of the email addresses, names and position titles of the subscribers. The ECB is contacting people whose data may have been affected. The breach succeeded in injecting malware onto the external server to aid phishing activities. The external BIRD website has been closed down until further notice. Neither ECB internal systems nor market-sensitive data were affected.

The BIRD website provides the banking industry with details on how to produce statistical and supervisory reports. It is physically separate from any other external and internal ECB systems.

The breach came to light during regular maintenance work.

The ECB takes data security extremely seriously. We have informed the European Data Protection Supervisor about the breach. The ECB is taking the necessary steps to ensure that the website can safely resume operations.

Source: ECB

Related articles

  1. Purchase will give bank access to leading next-gen trading technology and a broker-dealer client base.

  2. Regulators Eye Algorithms

    The European algo suite mirrors the bank's US product but accommodates MiFID II.

  3. The bank will donate net trading commissions for all trading in Asia Pacific securities.

  4. Trading Europe From ‘Across the Pond’

    The fund manager's strategy is to deploy its capabilities and resources through retail networks in Europe.

  5. Disruption: Beyond Technology

    Broadway Technology CEO says disruption in FICC trading isn't coming -- it's here.