Ameriprise Financial Fined $25,000 for Losing Laptop Data
Deni Conner writes on NetworkWorld:
Losing data can be a costly problem for a company -- even if the lost data isn’t misused. That’s a lesson Ameriprise Financial just learned the hard way.More here.
The Minneapolis-based financial services company will pay a $25,000 fine to the state of Massachusetts as punitive damages for the company’s temporary loss of a laptop containing customer data. The fine will cover the state’s investigative costs.
Ameriprise also has agreed as part of the settlement to hire a consultant to work to improve its computer security.
posted by Fergie @ 12/19/2006 01:44:00 PM
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