Citibank Lost 4mil Customer Data

Wednesday 15 June 2005 @ 12:16 pm

Though this news comes a bit late, it worths to be known. :)

Quoted:
The retail finance division of Citigroup has admitted that a backup tape containing personal information on almost 4 million customers in the US has gone missing. The United Parcel Service lost the tape on May 2nd, and it hasn’t been seen since. CitiFinancial only noticed the tape was missing on May 20. The tape contains Social Security numbers and transaction histories on both open and closed accounts at the bankâ€™s lending branches in the US.

However, Citibank believes there is no reason the tape is stolen, just strangely the tape hasn’t shown up at any UPS depot despite six weeks of searching. The worst thing of this incident is Citibank doesn’t use encryption on its electronic transmissions. What? No encryption? :-?

Anyway, US customers are advised to call 866-452-2484 for further information.

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