Another US bank loses customer data

News

Another US bank loses customer data

Antony Savvas

In the latest identity theft scare to hit corporate America, a computer tape containing the personal data of 90,000 banking customers has been lost in transit.

The tape belonged to People’s Bank, headquartered in Connecticut, which is now writing to all affected customers warning them of the risks to their financial security as a result of the loss.

The tape, which was bound for a credit reporting bureau via the UPS parcel service, contains names, addresses, social security numbers and current account numbers.

UPS said it and the other parties involved were  investigating the loss.

The bank said it had not received any reports of unauthorised activity and had no reason to believe the data has been improperly used.

Among organisations losing consumer data last year were credit and personal information supplier ChoicePoint and Bank of America, which lost information on 1.2 million customers.


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