Sampo Bank - History

History

Sampo Bank traces its origins back to 1887, Originally the Finnish state-owned Post and Savings Bank, which accepted deposits from the public at its post offices. In 1999, the state-owned bank was merged with Sampo PLC's insurance business to form the Sampo Group. The banking unit was later acquired by Danske Bank in 2007, while the Sampo Group retained the insurance business.

In March 2008, Sampo Bank was migrated onto the parent's IT platform. This temporarily caused both security and availability issues, during which an unknown individual was able to inject "an image of Muhammad Saeed al-Sahhaf, the legendary Iraqi information minister, onto the e‑banking site (...). This guest star was not chosen at random, but refers to the bank having repeatedly denied more subtly reported vulnerability examples".

Read more about this topic:  Sampo Bank

Famous quotes containing the word history:

    The history of this country was made largely by people who wanted to be left alone. Those who could not thrive when left to themselves never felt at ease in America.
    Eric Hoffer (1902–1983)

    The history of all countries shows that the working class exclusively by its own effort is able to develop only trade-union consciousness.
    Vladimir Ilyich Lenin (1870–1924)

    “And now this is the way in which the history of your former life has reached my ears!” As he said this he held out in his hand the fatal letter.
    Anthony Trollope (1815–1882)