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Former Mitsubishi UFJ Manager Arrested

Posted on June 25, 2009 by Dissent

Tokyo police Thursday arrested a former manager at a brokerage who was fired for stealing personal data on nearly 1.5 million customers and selling some of the information to mailing list companies.

Hideaki Kubo, 44, a former acting manager at Mitsubishi UFJ Securities Co.’s systems department, has admitted to the allegations of theft and illegal computer access, police said.

Police said they will investigate the sloppy handling of information at the company.

According to police, Kubo used the ID of a female temporary staff employee at a subsidiary to illegally access the customer database on Jan. 26.

[…]

Violators of the fraudulent access prevention law can be sentenced to a maximum one year in prison or a fine of up to 500,000 yen.

Police will also seek a theft charge against Kubo over the 65-yen CD taken from the company supplies.

A theft conviction can result in a 10-year prison term or a fine of up to 500,000 yen.

Read more in Asahi Shimbum. Previous coverage here.

Category: Breach IncidentsFinancial SectorInsiderNon-U.S.

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