Get all your news in one place.
100’s of premium titles.
One app.
Start reading
AAP
AAP
National
Adrian Black

Coles disappointed over Latitude credit card breach

Coles credit card holders are the latest to be told their details were stolen in the Latitude hack. (Lukas Coch/AAP PHOTOS) (AAP)

Coles Financial Services has expressed its disappointment after being alerted that historical customer credit card details were stolen in the Latitude Financial data breach.

Coles credit card holders' personal details are the latest to be identified in around 14 million customer records compromised in the hack.

Latitude Financial Services has informed Coles Financial Services of the breach and is currently contacting affected customers.

"We are disappointed that this cyber incident has taken place and apologise for the inconvenience and uncertainty created," a Coles spokeswoman said in a statement.

"As a former service provider, Latitude Financial Services has informed Coles Financial Services that historical Coles credit card holder data has been affected by the recent cyber incident."

The hack, which was detected last month, included details for 7.9 million drivers licences and roughly 53,000 passport numbers among the 14 million stolen customer records.

Latitude had not yet advised Coles of the number of impacted customers or specific details of the breach, the spokeswoman said.

GE Money - which provided branded credit cards with Coles and Myer from 2005 to 2015 - became part of Latitude when it formed in 2015 from GE Australia and a number of financial businesses snapped-up by Varde Partners, KKR and Deutsche Bank.

"In March 2018, Coles Financial Services moved its Credit Cards to Citibank," the Coles spokeswoman said.

"In the event you have any questions about your current Coles Mastercard please visit our Coles Financial Services contact centre page.

On Tuesday, Latitude Financial refused to pay ransom to the cyber criminals for the stolen data, saying it could see no benefit to consumers in rewarding criminal behaviour.

"Latitude will not pay a ransom to criminals," chief executive Bob Belan said.

"Based on the evidence and advice, there is simply no guarantee that doing so would result in any customer data being destroyed and it would only encourage further extortion attempts on Australian and New Zealand businesses."

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.