BS
Bukhosi S

1 reviews | Active since Feb 2024

20 Feb 2024, 09:09

***Urgent Redress Needed: Unauthorized Account Access and Subsequent Negligence at Standard Bank Business Online***

I became a user of Standard Bank Business Online in 2021, recommended by my business banker for ease of transactions. I ceased using this service in 2022, making my last interaction in August of that year. On 12 January 2024, I was shocked to find my account completely depleted, with unauthorized activities traced back to Business Online—a platform I hadn't accessed since my last use.

Upon investigation, I was informed by the Business Online team that unauthorized individuals had been added to my account through a process involving an email and a signature that were not mine. Shockingly, I received no verification request for these additions. The bank's response has been to propose mirroring my devices without offering access to the *****ulent mandate or the initiating email, both of which I am entitled to review as a customer. Furthermore, the investigative team has not maintained communication, exacerbating the situation as my business suffers and legal actions from clients loom.

In light of these severe lapses in security and customer service, I demand that Standard Bank provide the requested documents, take full responsibility for the security breach, and communicate a clear action plan to resolve this issue. Additionally, I expect fair compensation for the financial losses and damages my business has suffered due to this unauthorized access and the subsequent negligence. The lack of security and accountability raises serious concerns about the safety of Business Online and the bank's commitment to its customers.

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Replies (1)
Standard Bank
Standard Bank's reply20 Feb 2024, 09:36
Official
Good day Bukhosi

This is not the level of service we strive for. 

We understand your frustration and are here to help. 

We can assure you that your matter is now in the right hands. 

Our team will be in touch. 

Kindest regards
Standard Bank Hello Peter Team 
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