People’s Bank Is Latest To Lose Customer Data
January 19, 2006 The Community
From Bank Systems & Technology Online…<!-StartFragment ->
Here we go again.
On the heels of a string of high-profile customer data breaches that have consumers scrambling and privacy advocates saying “I told you so,” People’s Bank says that a backup tape containing personal information on 90,000 customers was lost while being transported by UPS to credit reporting bureau TransUnion.
The tapes, which are the focus of a joint investigation by People’s Bank, TransUnion, and UPS, contained names, addresses, and bank account and Social Security numbers for customers who have a form of checking account overdraft protection called personal credit lines. The bank says that information is not sufficient to gain unauthorized access to customer accounts, and that data such as account balances, debit card numbers, passwords, PINs and birthdates were not on the tape. People’s Bank has sent letters to affected customers alerting them to the data loss, and it’s offering them a year’s worth of credit-monitoring services free, a step that has become customary when such breaches occur.
To read the entire article, click here…
-
RSS Subscription
-
Email Subscription
-
-
Contribute
-
Banktastic was created to connect bank & credit union people so they could easily share & find industry-relevant information. We have moderated ways to share information and those that share a lot can qualify for unmoderated access to post directly to the site. As always, comments are open for all to participate. Thank you. Share Content
-
-
Twitter
- National Data #Security and Notification Legislation Proposals Underway http://bit.ly/c7pved
- RT @TheRealCUES: New #ntcue: If Gen Y’ers Ruled The Credit Union World, Part Two: The first installment of… http://goo.gl/fb/hBage
- "Understanding Regulation E" http://cot.ag/dCo4wf - Register for upcoming webinar! #audit #security #bank #creditunion #compliance
-
Archives