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$1,800,000,000 The bank claims that there was an unknown breach that exposed and accessed customer and employee data.
According to one of the biggest banks in the world, employee and customer data was compromised.
Santander has released a statement stating that it has been aware of "unauthorized access" to a third-party database that has data on an undetermined number of workers and customers.
The bank claims that customers of Santander Chile, Spain, and Uruguay are impacted. The bank has $1.8 trillion in total assets and operates in eleven markets in Europe and the Americas.
"We have now established, after an examination, that certain data pertaining to Santander Chile, Spain, and Uruguay clients, as well as all present and some former Santander employees of the company, had been accessed. There is no impact on customer data in any other Santander markets or businesses.
The bank has not yet revealed information about the sensitive data that was made public, mentioning only that "credentials" and "transactional data" remain private.
"The database does not include any transactional data or credentials—such as passwords or online banking information—that would enable transactions to be made on accounts. Customers can continue to transact securely because there is no impact on the bank's operations or systems.
We are proactively reaching out to the impacted consumers and staff members to express our regret for the understandable anxiety this may create. Law enforcement and regulators have also been informed, and we will keep collaborating closely with them.
By "blocking the compromised access to the database and establishing additional fraud prevention controls to protect affected customers," the bank claims to have taken steps to contain the situation.

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