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Missouri Bank Sues Ex-Workers on Data Theft Claim

Posted on July 16, 2012 by Dissent

Robert Barba reports:

Pulaski Bank has filed a lawsuit against three former employees over mortgage data that the Creve Couer, Mo., bank claims the employees took and are using to give their new employer a leg up.

The $1.3 billion-asset bank unit of Pulaski Financial filed its lawsuit Tuesday against Rita Rieke, Linda Stewart and Charles Ziegler in U.S. District Court of Kansas. The lawsuit also names First State Bank of St. Charles, Missouri, where Pulaski believes all three are now employed.

Read more on American Banker.

There’s no indication in the news item as to whether customers were notified, but I did wonder how this was able to occur:

The lawsuit also claims that Ziegler, a loan officer, e-mailed a large file to a non-company account last month before leaving Pulaski. Stewart, a closing supervisor, allegedly transferred documents onto a portable electronic storage device after resigning.

Category: Breach IncidentsFinancial SectorInsiderU.S.

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