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HSBC exposed sensitive bankruptcy data

Posted on December 4, 2009 by Dissent

Robert McMillan reports:

HSBC Bank says a bug in its imaging software inadvertently exposed sensitive data about some of its customers going through bankruptcy proceedings.

In notification letters made public Thursday, the bank said it had redacted sensitive information in Chapter 13 bankruptcy proof-of-claim forms that were filed electronically, but that the information turned out to be viewable “as a result of the deficiency in the software used to save imaged documents.”

An HSBC spokeswoman declined to elaborate on the cause of the problem, but said “a limited number of customers” were affected.

Read more on Computerworld.

Category: ExposureFinancial SectorOtherU.S.

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