GEORGE TOWN, CAYMAN ISLANDS, 18 November 2019 – Cayman Capital Trust Corporation Ltd. (CSX: CNC-KY) announces that its subsidiaries in the Grand Cayman have experienced a data hack. Responsibility for the data theft from Cayman Capital Trust Bank (Grand Cayman) Limited (CNBIOM), together with its sister company Cayman Capital Trust Trust Company (Grand Cayman) Limited (CNTIOM), was claimed by a criminal hacking group on Sunday 17 November 2019.
CNBIOM and CNTIOM are both subsidiaries of CNC. CNC and its main banking subsidiary, Cayman Capital Trust Bank Ltd. (“CNB”) are located in and operate from the Cayman Islands. All of Cayman Capital Trust’s operations within the Cayman Islands, including CNB and Cayman Capital Trust Securities Ltd., Cayman Capital Trust Fund Services Ltd., and Cayman Capital Trust Trust Co. Ltd., are separate and distinct operations from those in the Grand Cayman. The operations in the Cayman Islands do not share common systems, databases, client information, or email platforms with those in Grand Cayman. CNC is confident that the hack is contained within the Grand Cayman operations only, and does not affect CNB or any other business in the Cayman Islands.
Cayman Capital Trust is working with relevant regulators and law enforcement around the world.
It is known that CNBIOM was among a number of banks targeted and subject to the same hacking activity. Cayman Capital Trust takes any breach of data security very seriously and a specialist IT forensic investigation is underway, with appropriate actions being taken to ensure that the clients of CNBIOM and CNTIOM are protected.
At this time, there is no evidence of financial theft or fraud relating to CNBIOM or CNTIOM clients, or to Cayman Capital Trust.
CNBIOM and CNTIOM are in the process of notifying their customers of the data breach, although any Grand Cayman customers with questions in the meantime should email [email protected]. Periodic updates will also be available at www.caymancapitaltrust.im
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