Ads by TechWords

See your link here
Receive the latest technology news and information.
Security
Computerworld Daily News (First Look and Wrap-Up)
Computerworld Blogs Newsletter
The Weekly Top 10
Cloud Computing
View all newsletters




Privacy Policy
 

Bank tape lost with data on 90,000 customers

People's Bank in Connecticut said the tape was lost in transit

January 11, 2006 12:00 PM ET

IDG News Service - A computer tape from a Connecticut bank containing personal data on 90,000 customers was lost in transit recently, the bank reported today.

People's Bank, based in Bridgeport, Conn., is sending letters to the affected customers, it said in a statement. The tape contains information such as names, addresses, Social Security numbers and checking account numbers. It was bound for the TransUnion LLC credit reporting bureau, based in Woodlyn, Pa., via United Parcel Service of America Inc., the bank said.

UPS is investigating the incident along with all involved parties, said UPS spokeswoman Heather Robinson. She would not disclose when the package was lost.

The bank has not received any reports of unauthorized activity on the affected accounts and has no reason to believe the data has been improperly used, according to People's statement. The bank considers misuse of the data "highly unlikely." UPS also has no evidence that the package was compromised, stolen or received by an unauthorized person, according to Robinson.

Loss and theft of personal data has taken on a high profile since the theft of data on 145,000 consumers from credit and personal information vendor ChoicePoint Inc. in February 2005. Since that time, there have been dozens of reported cases of loss or theft of personal information involving more than 52 million people, according to a chronology compiled by the Privacy Rights Clearinghouse in San Diego. Among them was the loss of a computer backup tape from Bank of America Corp. containing information on 1.2 million customers, according to the privacy rights group.

There isn't enough information on the People's Bank tape to allow anyone to get into a customer's account, according to the bank. It does not contain checking account balances, debit card numbers, personal identification numbers or birth dates, the statement said. In addition, the tape can't be read without a mainframe and software, according to the bank.

The data on the tape involves customers that have a People's Bank personal credit line, an overdraft protection mechanism for checking accounts. As a safeguard, the bank will provide affected customers with a credit monitoring service for one year, at the bank's expense, to quickly alert customers to possible fraud involving their personal information.

For more on the recent data breaches, see:


Reprinted with permission from

IDG.net
Story copyright 2009 International Data Group. All rights reserved.

Jump to comments

Security

Additional Resources

Xerox
By using solid ink technology only from Xerox, you could save up to 65% by printing color for the cost of black and white. Enter for a chance to WIN a PhaserTM 8860 network color printer!
Microsoft
Save time and mitigate security risk. Deploy it now.
Sybase
In this white paper, IDC analyzes the role of next-generation mobile enterprise platforms as organizations seek a more strategic deployment of mobile solutions.

Learn the important issues you must consider before starting your next mobility initiative. Get your mobility white paper from IDC now, compliments of Sybase.

White Papers & Webcasts

Managing Secure File Transfer to Save Time, Money and IT Resources
Learn how companies are using innovative technology to overcome these challenges and improve user productivity by offloading e-mail attachments and replacing FTP with...

Can Heuristic Technology Help Your Company Fight Viruses?
What is Heuristic Technology and how can it help safeguard your business against viruses? Learn more.  

Security Convergence Equals Network Security Cost Savings
Listen to IBM Internet Security Systems' take on network security convergence.

Why Email Must Operate 24/7 and How to Make This Happen
Learn how to avoid an email outage by implementing a hosted email continuity solution.  

Disaster Recovery 2008: Reduced Costs and Improved Performance
How long can your Enterprise afford to be without your data? With an accelerated disaster recovery program, you never have to answer this...