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Cahoot Online Banking Flaw 05.11.04(BBC News 24) close X Running Time Approximately: 7 minutes Playlist Order: [Forward] Source Site: guardian.co.uk/ Cahoot suffers online security glitch Sandra Haurant A breakdown in the security system at online bank Cahoot left customers able to access other people's account details. The gap in security existed for 11 days, and the bank, owned by Abbey, was made aware of the security glitch yesterday when a customer contacted the BBC. It was forced to close down its website for ten hours while the problem was rectified. A spokeswoman told Guardian Unlimited Money that the problem meant an existing customer who knew another person's customer ID could hack into that person's account. Once in, they would be able to see their account balance and any transactions they had made. However, Cahoot claimed that the security glitch had not made it possible for people to take money out of other people's accounts. The bank said the problem arose following changes to its IT system several days ago. In a statement, Cahoot said: "As soon as we discovered it, we closed the site while we did testing and sorted out a solution." "At no time were customers in danger of having money taken out of their accounts because of this systems glitch, but Cahoot takes all security issues extremely seriously indeed, and has acted quickly to put this right." The bank said that the website is now up and running and the problems have been repaired.

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