Citibank Data Breach 2025. Citi managed over 21m customers when the breach happened. With cybercrime expected to cost $12 trillion in 2025, regulators will take a more active role in protecting consumer data while organizations pivot to adopt more proactive.

Citi is working to “swiftly” incorporate regulator input amid the bank’s effort to put its data, risk and control issues behind it, cfo mark mason said this week, as the lender. Bank regulators fined citigroup $136 million for making “insufficient progress” fixing data management issues identified in 2020 and required the bank to demonstrate it was.