October 7, 2014 / 5:14 PM / 5 years ago

MBIA says some client information may have been illegally accessed

NEW YORK (Reuters) - Bond insurer MBIA (MBI.N) 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

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