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Charles Schwab notified clients of hard drive theft

Posted on June 17, 2009 by Dissent

Investment firm Charles Schwab has notified (pdf) the New Hampshire Attorney General’s Office that in early May, “a computer hard drive containing client personal information, including Social Security number, name or account number was stolen. The computer hard drive had been taken off of Company premises, in violation of company policy, and was subsequently stolen. No passwords were included in the stolen data.” The letter indicated that 60 New Hampshire residents were affected, but the total number of clients affected was not indicated.

The employee who violated company policy was terminated.

Affected clients were notified by letter dated June 11 and offered a year of free credit monitoring.

Update of July 16: The company’s notification to the Maryland Attorney General’s Office indicates that 213 Maryland residents were also affected.

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Category: Breach IncidentsFinancial SectorTheftU.S.

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