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Cyber Attack Exposes Data of 130,000 UBS Employees

6/20/2025

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Summary

Story summary

A cyber attack on subcontractor Chain IQ has led to a data leak affecting Swiss banks UBS and Pictet. While client information remains secure, sensitive details of 130,000 UBS employees and numerous Pictet invoices were stolen. Fortunately, both banks responded quickly to minimize the fallout and protect their operations.

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Story summary

A cyber attack on subcontractor Chain IQ has led to a data leak affecting Swiss banks UBS and Pictet. While client information remains secure, sensitive details of 130,000 UBS employees and numerous Pictet invoices were stolen. Fortunately, both banks responded quickly to minimize the fallout and protect their operations.