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To: Bucky Katt who wrote (7880)4/19/2002 11:57:36 AM
From: paret  Respond to of 48461
 
Florida Bank Suffers Online Security Breach
Newsbytes | 18 Apr 2002 | Brian McWilliams

A large commercial bank in Florida said Wednesday that "an Internet hacker" penetrated the security of its systems earlier this month and made off with a file containing 3,600 online-banking customer names and addresses.
Officials of Republic Bank said the attacker managed to get past the bank's security firewalls but did not access account balances or transactions of its online banking customers.

According to Internet records, the server hosting Republic's online bank, located at secure.republic.openbank.com , is operated by Atlanta-based S1 Corp. [NASDAQ:SONE], a leading provider of electronic finance services to banks, credit unions, insurance providers and investment firms.

Chris Rogers, a spokesperson for S1, said the technology firm's systems and applications were not involved in the security incident at Republic.

"Nothing came in through us. This had nothing to do with S1," said Rogers.

Republic Bank's main Web site at republicbankfl.com is running Microsoft's Internet Information Server (IIS) version 4.0 and is hosted by Advances.com of Ft. Lauderdale.

A spokesperson for Republic said the bank learned of the security breach after the attacker contacted the bank two weeks ago. Republic withheld notifying customers about the incident until Wednesday at the request of the FBI, the representative said.

Republic spokesperson Harry Costello said he had no information about why the attacker contacted the bank about the breach, or whether the individual was cooperating with Republic.

Republic's customers who do not use online banking were unaffected by the security breach, according to the company.

The bank has hired an independent team of security consultants to review its security, according to a press release.

According to Costello, Republic has begun contacting affected customers and will give them the option of changing their passwords and other sign-on information. Republic Bank originally partnered with S1 in 1996 to become the first Florida-based bank to offer Internet banking to its customers, according to a March press release.

Republic Bank is online at Republic Bank

S1 Corporation is at S1 Corp