Monday, April 07, 2008

HSBC Loses Data of 370,000 customers

HSBC may be facing a fine from British Bankers' Association after the loss of a disk containing customer information. It is reported by Bloomberg that "a disk with personal information from 370,000 insurance customers has been lost in the mail." Although it is indicated that the information in the disk is not extremely sensitive and "there is no reason to suppose that the disk has fallen into the wrong hands", it would not be easy to convince customers whose information is stolen. Today's take-away is again "we should not ignore ensuring the physical security".