June 7, 2005

Citigroup has said that it lost a computer tape containing the personal information, including social security numbers, of 3.9 million customers of its CitiFinancial subsidiary. According to company representatives, the tape went missing as it was transported by UPS to a credit bureau. As in previous incidents involving companies like Bank of America, the data on the tape was not encrypted. You would think that these people would learn by now.

Here are the Links

The CNET Article

The USA Today Article

The CNN / Money Article