[IP] Bank loses tape with personal information on 90,000 customers
Begin forwarded message:
From: Dan Shoop <shoop@xxxxxxxxxxx>
Date: January 12, 2006 9:41:01 AM EST
To: dave@xxxxxxxxxx, ip@xxxxxxxxxxxxxx
Subject: Re: [IP] Bank loses tape with personal information on 90,000
customers
This actually happens all the time. The bank FedEx's or otherwise
sends a tape, it get's lost. This happens. In a past life as a
datacenter manager at Citibank we used to receive palettes of tapes
by FedEx every morning from Sioux Falls, SD, where the credit card
processing center was, a truck of tapes having better bandwidth at
lower cost that any telco line. Occassionally tapes got lost, it was
no big deal and no one thought much of it other than to request
another copy. California, IIRC, was the first state to mandate that
any lost customer records of any sort has to be reported, and other
states have followed suit. Since such laws been enacted that it must
be reported it's been getting recent press and what is actually a
common occurance is now "news". The risk from this is considered very
low. In most all cases the data is encrypted. Even if it wasn't other
policies prevent keeping say account numbers and names, or other
required pieces of information necessary to commit a fraud or
identity theft with information together in the same place at once.
Having names and Social Security numbers together is considered low
risk since this information is readily available through numerous
sources.
--
-dhan
------------------------------------------------------------------------
Dan Shoop AIM: iWiring
Systems & Networks Architect http://www.iwiring.net/
shoop@xxxxxxxxxxx http://www.ustsvs.com/
1-646-217-4725
pgp key fingerprint: FAC0 9434 B5A5 24A8 D0AF 12B1 7840 3BE7 3736 DE0B
iWiring provides systems and networks support for Mac OS X, unix, and
Open Source application technologies at affordable rates.
-------------------------------------
You are subscribed as roessler@xxxxxxxxxxxxxxxxxx
To manage your subscription, go to
http://v2.listbox.com/member/?listname=ip
Archives at: http://www.interesting-people.org/archives/interesting-people/