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St. George Bank printing gaffe fuels fraud fears (updated)

Posted on March 3, 2010 by Dissent

Jessica Johnston reports:

A serious bank blunder has threatened the financial security of 42,000 people after their statements were mailed to strangers.

A former bank manager and a business owner are among the Gold Coast victims of a major fraud scare after private details were distributed during a St George Bank printing mistake.

The error resulted in names and addresses being transposed on to the wrong statements, which included personal information including Centrelink numbers, wage and employee details.

Ironically the mix-up occurred in national fraud week, and experts yesterday warned few details were needed to steal someone’s identity.

Read more on Goldcoast.com.au

Update: The bank’s vendor, Salmat, accepted responsibility for the breach.

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Category: Breach IncidentsExposureFinancial SectorNon-U.S.Of NotePaper

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