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Bank of New York Mellon loses data on 4.5 million

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morpheus063

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Post Tue May 27, 2008 7:26 am

Bank of New York Mellon loses data on 4.5 million

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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[b]There are 3 roads to spoil; women, gambling & hacking. The most pleasant with women, the quickest with gambling, but the surest is hacking - c0c0n
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Dengar13

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Post Tue May 27, 2008 7:49 am

Re: Bank of New York Mellon loses data on 4.5 million

Ouch!  :-\

Looks like heads are gonna roll...
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RoleReversal

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Post Tue May 27, 2008 8:30 am

Re: Bank of New York Mellon loses data on 4.5 million

Dengar13 wrote:Ouch!  :-\


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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Post Wed Jun 25, 2008 10:55 pm

Re: Bank of New York Mellon loses data on 4.5 million

Maybe not. Look at the nonsense with TJX.

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