It was revealed recently, Feb. 25th, that BOA had “lost” and possible theft of the private credit card information for at least 1.2 M federal accounts.
Computer tapes with the data were being moved by air common carrier cross-country. Just diasappeared like routine losses during baggage handling and transfers. It is to be noted that the loss occurred in December about two months ago and the loss is just now being reported.
Such sensitive data should have at least been shipped via FedEx or similar service if not hand carried by special courier!
ChoicePoint, a data-collection outfit, was scammed out of private identity records of more that 145,000 individuals. Theft occurred in October and first reported last month. One person charged, got 16 months.
Stealing our privacy and ruining lives
Why do we not insist that Congress require that all those dealing with personal identity information protect it? Such data is as valuable as the potential loss that misuse can result in.