Citi exposes 600,000 social security numbers

Citi exposes 600,000 social security numbers

US banking giant Citi has been forced to apologise to around 600,000 customers after sending them year-end tax statements through the post with social security numbers printed on the outside of the envelopes.

A "processing error" meant that the letters, sent via the US Postal Service in January, had the nine digit numbers printed on the lower edge of envelopes, although they were not identified as social security numbers.

The bank sent letters to all affected customers last month apologising and offering free credit monitoring for 180 days but insists "there is little or no risk to you".

Comments: (1)

A Finextra member
A Finextra member 10 March, 2010, 10:10Be the first to give this comment the thumbs up 0 likes

This proved yet again that inspite of having the best security, the human factor exposes the loopholes. On top of that they have the gall to say there is little risk.

Risk management companies will continue to prosper for a long time to come.