Deutsche Launches Probe into Email Access for Ex-employees

Published On August 1, 2019

Deutsche Bank has opened an investigation into a potential data leak at the bank after ex-employees reported having continued access to their emails despite being dismissed weeks ago. In particular, concerns were raised after one dismissed equity sales person sent more than 450 emails after he was dismissed. 

The failings occurred amid Deutsche’s attempts to restructure its business. It would appear the bank failed to deactivate the accounts of staff that were laid off when the company closed its global equities branch. Commenting on the leak, a spokesperson for Deutsche said:

“Access to trading systems was turned off immediately for employees being put at risk of redundancy. A small number of employees continued to have access to their work emails through personal devices for a limited period. We have reviewed nearly all emails sent and have so far found no evidence of any price sensitive information being communicated or of any other wrongdoing.”