Menu
Browse

Cyber Incident Victim: Perth Mint

Date:

Sep 2018

Location:

Australia

Summary

A data breach at Perth Mint exposed personal information of approximately 3,200 customers, including names, addresses, passport numbers, and bank account details through a compromised third-party hosted database. The organization confirmed no compromise of its internal systems or customer investments in government-backed precious metal storage. Authorities including the Australian Federal Police and the national data protection regulator were notified, with forensic analysis confirming the security of physical gold holdings. The incident potentially triggered mandatory reporting obligations under Australian privacy laws requiring disclosure of breaches posing serious harm risks, though no evidence suggested misuse of the stolen data. The breach originated from an outdated external IT system previously flagged for operational failures prior to infrastructure modernization efforts.

CIA Posture Motives Tactics, Techniques & Procedures
Available to members 1 motive 1 technique
Threat Actors Type Location
0 actors Available to members Available to members

Description

On September 5, 2018, the Perth Mint suffered a data breach involving customer information from an "old 2016 database" hosted by an unidentified third-party IT provider. Australian broadcaster ABC initially reported the incident on September 8, disclosing that 13 users of the mint's Depository Online platform had their personal data exposed. The compromised records included names, addresses, passport numbers, and bank account details. The mint subsequently revised the affected customer count to 3,200 individuals, representing approximately 3% of its 100,000 global client base. CEO Richard Hayes confirmed the organization's internal systems remained uncompromised. Perth Mint notified the Australian Federal Police and the Office of the Australian Information Commissioner (OAIC), Australia's data protection authority, while emphasizing that no customer investments in precious metals had been accessed or stolen.

Cyber Incident Image

The breach created potential physical security risks due to exposed residential addresses of precious metal purchasers, though the mint assured customers that AU$2.7 billion in government-guaranteed stored assets remained secure across its 21,000 storage service users. Forensic investigations confirmed the safety of on-site deposits. The incident occurred during Perth Mint's multi-year IT infrastructure transition from in-house support to managed services, though the breached third party was not Silverfern IT, the provider selected during their 2015-2017 revamp. Australia's mandatory data breach notification law, enacted in February 2018, likely applied to this incident as it involved sensitive identification documents and financial details meeting the threshold for "serious harm" risk, carrying potential penalties of AU$1.8 million for non-compliance. The mint did not disclose whether the 30-day regulatory reporting deadline was met or specify the exact method of unauthorized database access.

Sources
Sources available to members
1 source