SummerSailing81
May 22nd, 2008, 07:27 PM
http://money.aol.com/news/articles/banking/_a/lost-bank-tapes-may-expose-millions/20080521193009990001?icid=1615984946x1202944599x12 00306365
HARTFORD, Conn. (May 21) - Connecticut Attorney General Richard Blumenthal asked the Bank of New York Mellon Wednesday to explain how it lost computer tapes containing the information of more than 4 million customers.
The bank told the state that a box with back-up bank tapes were lost in February from a truck that transports and stores tapes in its storage facility, Blumenthal said. The tapes contained Social Security numbers, names and addresses and possibly bank account numbers and balances, he said.
"This security breach seems highly dangerous, indeed possibly devastating in light of the identity theft threat," Blumenthal wrote to Stephen Dolmatch, general counsel of Bank of New York Mellon Shareowner Services.
Ron Sommer, a spokesman for the Bank of New York Mellon Corp. in Pittsburgh, said officials there are cooperating with Blumenthal. He said the bank has been notifying customers and is offering those affected one year of free credit monitoring. It has also posted information about the breach on its Web site and has set up a toll-free number to respond to questions.
See link for entire story.
I don't bank here, but maybe some of you do. This is NOT good! How on earth does a bank lose millions of pieces of information about its customers and have no idea where it is? Again, I'm seriously considering just stuffing my mattress with my money. Between the banks possibly going under, losing customer info, and hackers getting into their computers, I'm not feeling my money and personal info are secure. At least if it's under my mattress the only thing I have to worry about is fire and burglars and as I have a working smoke detector and a gun, I feel I'll fare better at home. This happened in February, but it's just now making the news? Isn't that interesting???
HARTFORD, Conn. (May 21) - Connecticut Attorney General Richard Blumenthal asked the Bank of New York Mellon Wednesday to explain how it lost computer tapes containing the information of more than 4 million customers.
The bank told the state that a box with back-up bank tapes were lost in February from a truck that transports and stores tapes in its storage facility, Blumenthal said. The tapes contained Social Security numbers, names and addresses and possibly bank account numbers and balances, he said.
"This security breach seems highly dangerous, indeed possibly devastating in light of the identity theft threat," Blumenthal wrote to Stephen Dolmatch, general counsel of Bank of New York Mellon Shareowner Services.
Ron Sommer, a spokesman for the Bank of New York Mellon Corp. in Pittsburgh, said officials there are cooperating with Blumenthal. He said the bank has been notifying customers and is offering those affected one year of free credit monitoring. It has also posted information about the breach on its Web site and has set up a toll-free number to respond to questions.
See link for entire story.
I don't bank here, but maybe some of you do. This is NOT good! How on earth does a bank lose millions of pieces of information about its customers and have no idea where it is? Again, I'm seriously considering just stuffing my mattress with my money. Between the banks possibly going under, losing customer info, and hackers getting into their computers, I'm not feeling my money and personal info are secure. At least if it's under my mattress the only thing I have to worry about is fire and burglars and as I have a working smoke detector and a gun, I feel I'll fare better at home. This happened in February, but it's just now making the news? Isn't that interesting???