Monday, June 06, 2005

Citi notifies 3.9 million customers of lost data

Yet another disclosure of sensitive customer data being lost, misappropriated, or stolen.

An AP newswire report on MSNBC reveals that:

CitiFinancial, the consumer finance division of Citigroup Inc., announced Monday that it has begun notifying some 3.9 million U.S. customers that computer tapes containing information about their accounts have been lost.

Citigroup, which is based in New York, said the tapes were lost by a courier in transit to a credit bureau.

The bank said the tapes contained information about both active and closed accounts at CitiFinancial's branch network. It said they did not contain information from CitiFinancial Auto, CitiFinancial Mortgage or any other Citigroup business.


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