TD Bank isn’t the only financial sector entity dealing with missing backup tapes these days. Vermont-based VSECU sent out notification letters yesterday after two unencrypted backup tapes created on August 27th were discovered missing on September 10. The tapes contained names, addresses, Social Security numbers, driver’s license numbers, financial account information, and transaction records. The credit union…
Category: Financial Sector
TD Bank: Data loss affects about 260,000 U.S. customers
Jessica Hall continues to update the TD Bank backup tapes breach: In Maine, 34,907 residents were affected, according to a letter sent to the attorney general from TD Bank. In Massachusetts, the Attorney General’s Office said more than 73,000 residents were affected. In Connecticut, 35,000 residents were affected, while Rhode Island had 500 residents and Maryland…
Consumer irritation over TD Bank breach about to mushroom? (update3)
More media coverage of a breach I commented on yesterday. Today Lindsay Tice of BDN Maine adds some additional details to earlier reports about a breach that occurred March 30 but wasn’t disclosed recently: The security breach occurred in March when two backup tapes from a computer server were shipped from one TD Bank location to another….
Missing backup tapes reported to TD Bank customers
A letter from TD Bank to affected customers reads, in part: Some of your personal information was included on two data backup tapes that we shipped to another one of our locations in late March 2012. The tapes have been missing since then, and we have been unable to locate them despite diligent efforts. This…
Anatomy Of A Brokerage IT Meltdown
Regulators last year issued the SEC’s first-ever privacy fine against broker-dealer GunnAllen for failing to protect customer data. But former IT staffers say regulators didn’t seem to know half of this cautionary tale of outsourcing and oversight gone wrong. Mathew J. Schwartz adds some mind-boggling details to the case: Dan Saccavino, a former Revere Group…
AU: Thousands siphoned in bank ID scam
Peter Bodkin reports on an insider breach in the financial sector: Three men who committed a “sophisticated” identity-theft scam siphoned thousands of dollars from the accounts of unsuspecting bank customers using confidential inside information. Jason Urrutia, 36, an IT manager with five years experience at the Commonwealth Bank used his role with the company to…