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Ca: Private bank information discarded (updated)

Posted on February 25, 2010 by Dissent

Sensitive documents containing personal banking information were recently discovered in a Campbell River recycling depot by a Nanaimo man.

The documents were found at the Vancouver Island Recycling Centre earlier this month and the discovery raises questions about the proper disposal of sensitive information by financial institutions.

A multi-coloured plastic ribbon, stretching about 15 metres in length, contained dozens of names and their corresponding 16-digit debit card numbers, complete with expiry dates.

The bank listed on the documents is the Coastal Community Credit Union, the largest credit union on Vancouver Island with more than 20 branches and 80,000 members.

[…]

In the latest incident, bank officials stressed the documents did not contain personal identification numbers or security codes so accounts could not be accessed.

The member card printer ribbon encodes the information captured on the front of a card, including names, card numbers and expiry dates.

Read more from Nanaimo Daily News.

Update: The Privacy Commissioner of Canada is now monitoring the investigation.

Category: ExposureFinancial SectorNon-U.S.

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