BONY data tapes lost in Transit
LOSSES & LAWSUITS
NEW YORK - Bank of New York Mellon has admitted losing a box of back-up computer tapes containing the personal information of 4.5 million customers. The unencrypted tapes contained names, addresses, social security numbers, and possibly account numbers and balances. The tapes were lost in transit to a storage facility on February 27.
The box was transported in a truck belonging to storage firm Archive Systems, according to Connecticut attorney general Richard Blumenthal. He said the bank admitted the lock on the vehicle was broken and left unattended several times. The bank began notifying affected customers of the data loss six weeks ago and is offering one year of credit monitoring, which the attorney general described as "grossly inadequate".
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Regulation
ECB grants post-Brexit reprieve on large exposures limit
Exemption for intra-group exposures to UK will be preserved pending a decision on equivalence
Receive this by email