24 August 2016
Elizabeth Lumley
Elizabeth Lumley

Elizabeth Lumley

Elizabeth Lumley - Rainmaking Innovation

165Posts 647,008Views 172Comments
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A post relating to this item from Finextra:

Bank of New York Mellon breach hits 4.5m customers

22 May 2008  |  56378 views  |  0
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Bank of New York Mellon has lost unencrypted back-up computer tapes containing the confidential details of around 4.5 million customers.

Lost in Transit

26 May 2008  |  4326 views  |  1

Is anyone else a tiny bit suspicious about the recent 'Whoopes, we lost some customer data" annoucements?

It is a case of something not happening very often so it is big news? Or is this the financial services' version of 'it fell off the bank of the truck.'

The last time I left something on a train/bus/shopping mall 'in transit' it was mittens and I was five.

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Comments: (1)

A Finextra member
A Finextra member | 27 May, 2008, 14:27

Too true, there's a rather larger gap between the mittens and this data. How on earth can customer specific records be transfered unencrypted.

 

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Elizabeth's profile

job title Director of Global Ecosystem Development
location London
member since 2009
Summary profile See full profile »
Director of Global Ecosystem Development at Rainmaking Innovation, Startupbootcamp FinTech & InsurTech.

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