Credit issuer says data lost for 650,000 customers
Tuesday, 22 January 2008 00:00
A computer tape containing personal data of 650,000 customers of about 230 retailers including J.C. Penney is missing, credit card issuer GE Money said on Friday.
Your customer’s mobile data is vulnerable. A laptop is stolen every 53 seconds, according to Symantec and 97 per cent are never recovered. What can you do to protect the data on a laptop so that if it is stolen or goes missing the owner does not fall victim to data theft?
The country’s biggest building society has been fined almost £1 million after a laptop holding customers’ details was stolen from an employee’s home.
Nationwide was fined £980,000 by the Financial Services Authority yesterday for ‘failing to have effective systems and controls to manage its information security risks’.