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HM Revenue & Customs Loss of Society Data
What's happened?
Yorkshire Building Society has learned that a file of data containing details on a number of its customers' savings accounts has been lost by HM Revenue & Customs (Inland Revenue). There is, at this stage, no evidence that this loss is due to theft or fraud.
Questions
Answers
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How many details have been lost? |
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The Inland Revenue have advised us that they have lost certain customer data relating to child benefit payments which affects just under 12,000 of our savings account details. |
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Has data from any other organisation been lost as well? |
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Yes, data on customer savings accounts from a total of 86 financial organisations has been lost, involving around 7.2 million child benefit claimants. All these organisations will be contacting their customers whose data has been lost about this incident. |
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Has my data been lost? |
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The accounts where details have been lost are those which have child benefit paid into them. If your account does not have child benefit paid directly into it, you will not be affected. |
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Is my money safe? |
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Yes. At this stage, there is no evidence of a fraud having been committed. In addition, the Society is doing all it can to ensure that no customer loses any of their savings as a result of this incident, and that customers' personal data is not further compromised.
Your savings remain safe with the Yorkshire. |
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What is the Society doing about this? |
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Althought the loss of data has no connection with the YBS, we are doing everything we can to minimise the impact to you and your savings.
In the meantime, we have implemented a series of additional procedures to seek to ensure that no unauthorised transactions take place and that personal information is not further compromised. These measures include:
- Putting a security flag or notice on each account where child benefit payments are made by the Inland Revenue
- A system of continuous account surveillance
- Full customer identity verification for each transaction to check activity on affected accounts
- Creation of a dedicated helpline for customer enquiries - 0800 024 1979
If your account is affected and you want to transact on the account, you may experience some delays while we complete extra verification checks. We apologise for any inconvenience but the additional checks are to ensure the security of your savings with us. |
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What is the Inland Revenue/Government doing about this? |
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The Inland Revenue is writing to all child benefit recipients about this loss of data, and will have full information, including a frequently asked questions section, on their website. |
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Do I need to take any action? |
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You don't need to contact the Society. If your account details have been lost, we will write to you and give you more specific information. Otherwise, continue to be careful about protecting your personal information, e.g.
- Keep your passbooks, ATM cards, PINs and passwords secure (Remember: Yorkshire Building Society will never ask you to reveal these)
- Never reveal your PIN or password to anyone or write it down.
- Do not use a PIN or password that could be easily guessed by someone else.
- Change your PIN or password immediately if you suspect someone else could know it.
- If you use a PC for banking, keep it updated with current anti-virus software, the latest browser versions and relevant security patches/updates, and use a firewall to protect your PC from hacking attacks.
- Do not send us any confidential account information via email.
- Beware of 'phishing' emails. If you mistakenly respond to a phishing email, tell us about it straight away.
- Check your post or email carefully for possible evidence of fraudulent activity, e.g. unexpected confirmation of financial applications.
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I have a mortgage with the Yorkshire. Are my details safe? |
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Yes, as this loss of data by the Inland Revenue affects mainly savings accounts. The only exception is if you have child benefit paid directly into an offset account and there are very few of these. |
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I want a new ATM card/passbook/account number |
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You don't really need one. There's no need for you to worry and, of course, the Society has confirmed that it is doing all it can to ensure that no customer loses any of their savings as a result of this incident and that their personal data is not further compromised. |
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Is it still safe to use my online account/passbook/postal account? |
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Yes it is. No PINs, login details, account balances or signatures have been lost. |
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What do I do if I suspect fraudulent activity? |
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We have set up a dedicated helpline for all queries. If you suspect fraudulent activity, or have any questions, call us on 0800 024 1979. |
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Where can I get more information about this? |
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Where can I get more general advice on fraud prevention?? |
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The following websites offer some general information and advice:
Note: None of the external sites or vendors are specifically endorsed or recommended by Yorkshire Building Society. |
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