SBC News Optimal Payments investigates data breach allegations

Optimal Payments investigates data breach allegations

DatabreachReacting to media reports of a customer data breach/leak, payments provider Optimal Payments Plc has stated that it will privately investigating the allegations.

Media sources report that small amounts of Optimal customer data have been made available in the public domain. With further allegations that the data forms part of a substantial data breach in Optimal’s operations.

The data leaks are related to 2011 data breaches of Optimal subsidiary NETELLER and 2012 breaches of Moneybookers limited (company acquired by Optimal in August 2015).

The customer data which is alleged to be available in the public domain are thought to come from the breaches. The allegations do not specify the exact date on which the data breaches occurred.

Alerting the market, Optimal governance stated that it had commenced an investigation into the matter and the validity of the allegations. The payments provider has further informed its actions to both the Information Commissioner and the Financial Conduct Authority.

The allegations of the data breaches have impacted Optimal Payments Plc share price, which fell 11% to 309.5p, their sharpest fall in a day for 2015 trading.

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