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You are here: Home arrow Forum arrow Resourcesarrow News from the Outside Worldarrow Bank of New York Mellon loses data on 4.5 million
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December 01, 2008, 11:41:42 PM *
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Author Topic: Bank of New York Mellon loses data on 4.5 million  (Read 1711 times)
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Manu Zacharia (-M-)
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« on: May 27, 2008, 07:26:46 AM »

Quote
An unencrypted backup tape holding the personal information of about 4.5 million The Bank of New York Mellon customers disappeared three months ago while in possession of a third-party vendor, the Connecticut attorney general announced Wednesday.

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Manu Zacharia
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Dengar13
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« Reply #1 on: May 27, 2008, 07:49:16 AM »

Ouch!   Undecided

Looks like heads are gonna roll...
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RoleReversal
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« Reply #2 on: May 27, 2008, 08:30:09 AM »

Ouch!   Undecided

My thoughts exactly...

It's the fact it took so long to inform clients of the breach that worries me most. I might be wrong being on the other side of the pond but I thought the states have breach notification laws for this kind of event?

Also why is obviously important data stored on unencrypted media being transferred by a third party between sites? Glad it's not my signature on the risk-assessment/cost-benefit analsis for that one.
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jason
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« Reply #3 on: June 25, 2008, 10:55:57 PM »

Maybe not. Look at the nonsense with TJX.
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