Credit Suisse Group AG (NYSE:CS) was hit by another scandal today as it reported an ex-employee stole personal data when working at the bank a few years ago.
Data stolen included information about bonuses between 2013 and 2015 and staff salaries, said the bank.
The employee had access to the data as part of their work and made copies of it to a personal device, the second largest Swiss bank told employees today via email.
Credit Suisse became aware of the breach in March 2021 and launched an investigation attempting to retrieve the information.
The bank added the delay in communication with its workforce was due to a court process aimed at identifying the culprit.
Credit Suisse added it found no evidence that the data was used maliciously.
“We have taken and are continuing to take steps -including legal remedies- to adequately contain the incident,” it said in a statement.
“To date, there is no evidence of any onward transmission or intent to use the data in any way.”
Credit Suisse’s share price has fallen by 15% to US$3.02 in the last five days after it posted its worst annual loss in 14 years last week.
Today’s incident, meanwhile, is the latest in a long list of scandals and missteps to have befallen the Zurich-based bank recently.
Credit Suisse first found itself first embroiled in a scandal in 2019 when its chief operating officer was forced to step down for spying on a senior executive.
The bank has also amounted huge losses at the hand of failed stock lender Greensill and hedge fund client Archegos.
Topping it off, last year the bank was convicted of qualified money laundering for its involvement in a cocaine money laundering scheme.