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A hacker accesses a financial institutions critical information system to steal customer information and then destroy the data in that institutions information system. Should a SAR be filed?

April 26, 2017accesses critical customer destroy financial hacker institution steal system

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A hacker accesses a financial institutions critical information system to steal customer information and then destroy the data in that institutions information system. Should a SAR be filed?

1 Answer

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(A) Yes. A SAR should be filed for computer intrusion including any other violations which had affected the customer’s financial information (e.g., credit card fraud, identity theft).