Fergie's Tech Blog

NASD Laptops Stolen, Risks Downplayed

Bob Sullivan writes in The Red Tape Chronicles:

Ten laptop computers were stolen from a team of securities regulators conducting an investigation last February, but the computers contained scant amounts of personal information, according to the National Association of Securities Dealers.

There is irony in this story. The regulators were conducting what’s known as a “cause” exam, an investigation into possible misconduct by two member firms. The only consumers whose identities were put at risk by the theft were the subjects of the investigation, according to the NASD.

The incident underscores the jittery environment surrounding laptop computers and private information in light of several high-profile hardware thefts in recent months.

posted by Fergie @ 7/07/2006 05:59:00 AM