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Banco Santander Plunges 5.28% Amid Data Breach Concerns

Mover TrackerMonday, Apr 7, 2025 5:28 am ET
1min read

On April 7, 2025, Banco Santander's stock experienced a significant drop of 5.28% in pre-market trading, reflecting investor concerns and market volatility.

Recently, banco santander disclosed a data breach involving a third-party provider that affected customers in Chile, Spain, and Uruguay. The breach involved unauthorized access to a database hosted by the third-party provider, which contained information on current and some former employees. The bank promptly implemented measures to contain the incident, blocking compromised access and establishing additional fraud prevention controls to protect affected customers.

The compromised database did not store transactional data, online banking details, passwords, or other sensitive information that could facilitate unauthorized transactions. The bank assured customers that its operations and systems remained unaffected, allowing customers to continue transacting securely. However, the specific details of the incident, including the type of data exposed and the number of individuals impacted, remain unclear.

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Liteboyy
04/07
Third-party vendor issue, time to review risk management
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Dependent-Teacher595
04/07
$SAN stock dip a gift, buying the dip now
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daarkann
04/07
Hope no crypto keys were exposed, double-checking my $BTC
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FTCommoner
04/07
@daarkann Did you hold $BTC long-term or were you trading it?
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Anteater_Able
04/07
Not worried, bank ops unaffected, just a headache
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Frozen_turtle__
04/07
Data breaches rite, but no transaction data leaked. Bank ops intact. Just another market jitters trigger. Time to buy the dip?
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btcmoney420
04/07
Cybersecurity is a real challenge, banks get hacked 😅
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battle_rae
04/07
Data breach panic selloff overblown, long-term hold here
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shakenbake6874
04/07
Holy!the block option data in SAN stock saved me much money!
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