Major Data Breach Hits Swiss Banking Giants

UBS and Pictet report significant data leak affecting 130,000 employees following cyber attack on provider Chain IQ

Key Takeaways

Data belonging to 130,000 UBS employees, including CEO Sergio Ermotti, has been exposed on the dark web.
Pictet suffered a theft of tens of thousands of invoices involving various suppliers.
Chain IQ is a Baar-based company with global subsidiaries in New York, London, Singapore, Mumbai, and Bucharest.
No client data was compromised in the attack for either UBS or Pictet.
Chain IQ communicated the leak initially on June 13, 2025.

By The Numbers

130,000

UBS employees affected

63,000

Reported cyber incidents

13,500

Year-over-year increase in cyber incidents

They Said

"No client data was affected. As soon as UBS became aware of the incident, it acted quickly to avoid any impact on its activities."
— UBS Spokesperson

"The data does not contain any information about our customers. As soon as this incident became known, precautionary measures were taken to avoid any further impact."
— Pictet Spokesperson

🚨 Banking Giants Exposed

🔗 The Weakest Link: Chain IQ

🛡️ Client Data Remains Secure

📈 Swiss Cyber Threats Surge

Sources & References

UBS and Pictet report data leak after cyber attack on provider Chain IQ

SWI swissinfo.ch

Key Takeaways

Data belonging to 130,000 UBS employees, including CEO Sergio Ermotti, has been exposed on the dark web.
Pictet suffered a theft of tens of thousands of invoices involving various suppliers.
Chain IQ is a Baar-based company with global subsidiaries in New York, London, Singapore, Mumbai, and Bucharest.
No client data was compromised in the attack for either UBS or Pictet.
Chain IQ communicated the leak initially on June 13, 2025.

By The Numbers

130,000

UBS employees affected

63,000

Reported cyber incidents

13,500

Year-over-year increase in cyber incidents

They Said

"No client data was affected. As soon as UBS became aware of the incident, it acted quickly to avoid any impact on its activities."
— UBS Spokesperson

"The data does not contain any information about our customers. As soon as this incident became known, precautionary measures were taken to avoid any further impact."
— Pictet Spokesperson

Key Takeaways

By The Numbers

They Said

🚨 Banking Giants Exposed

🔗 The Weakest Link: Chain IQ

🛡️ Client Data Remains Secure

📈 Swiss Cyber Threats Surge

Sources & References

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