MBIA says some client information may have been illegally accessed

Tue Oct 7, 2014 1:10pm EDT
 
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NEW YORK (Reuters) - Bond insurer MBIA (MBI.N: Quote) said on Tuesday it had been notified that some client information at its Cutwater Asset Management unit may have been illegally accessed.

The company said it was conducting a "thorough investigation" and would take all measures necessary to protect customer data and secure systems.

The breach was earlier reported by the KrebsOnSecurity website.

(Reporting by Megan Davies; Editing by Meredith Mazzilli)