27 May 2017
Elizabeth Lumley
Elizabeth Lumley

Elizabeth Lumley

Elizabeth Lumley - Rainmaking Innovation

165Posts 673,626Views 173Comments
Finextra community

Operational Risk Management

To share information, ideas and experience relating to all aspects of op-risk management and compliance with Basel II
A post relating to this item from Finextra:

Bank of New York Mellon breach hits 4.5m customers

22 May 2008  |  56654 views  |  0
3071.jpg
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  |  4477 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.

TagsSecurity

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.

 

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Latest posts from

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.

Elizabeth's expertise

Member since 2007
165 posts173 comments

Who's commenting on Elizabeth's posts