Charity bank pulls online services over security fears
Customer funds safe, but 14,000 organizations may have to phone in time-sensitive payments
CAF Bank, which serves 14,000 charities, has suspended online banking as it fixes a vulnerability in how third-party software connects to its portal.
The outage has left some organizations struggling to run payroll after being cut from their accounts.
In a message to customers, seen by The Register, the Charities Aid Foundation-owned bank confirm online services had been unavailable since July 24 and will remain so until further notice.
The bank's communications say the decision resulted from reports of suspicious activity on some customer accounts. It said the bank detected the problem early on and notified customers of any attempted fraud.
Following an investigation, CAF Bank identified a previously undetected vulnerability in the connection between third-party software and the online banking portal. It is working with its technology partner on a fix. The bank assured customers that...
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