[privacy] CIBC Loses Info on 470,000 Canadians

[William Lefkovics]

I was just reading that on cbc.ca as well:
http://www.cbc.ca/money/story/2007/01/18/cibc.html

And Talvest's note to customers:
http://www.talvest.com/pub/en/public/privacy/default.asp
 

-----Original Message-----
From: Fergie [mailto:fergdawg at netzero.net] 
Sent: Thursday, January 18, 2007 10:57 AM
To: privacy at whitestar.linuxbox.org
Subject: [privacy] CIBC Loses Info on 470,000 Canadians

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Hash: SHA1

Via The Globe and Mail.

[snip]

The personal information of nearly half-a-million customers at a CIBC mutual
fund subsidiary has gone missing, prompting fears of a potential security
breach and inciting an investigation from Canada's federal privacy
commissioner.

A backup computer file containing application data for 470,000 investors at
Montreal-based Talvest Mutual Funds disappeared in transit on the way to
Toronto recently, the bank said in a news release Thursday.

The file contained everything from client names and addresses to signatures,
birth dates, bank account numbers and Social Insurance Numbers.
Officials at CIBC Asset Management Inc., a division of the Canadian Imperial
Bank of Commerce, said there is no evidence of fraud, nor is there any
indication that any data on this hard drive has been accessed. The company
did not explain how it lost the drive.

Privacy Commissioner Jennifer Stoddart, who launched a probe of CIBC
following a faxing snafu two years ago, said she has determined there are
grounds for another investigation in the Talvest matter, even though the
bank brought the problem to her attention.

[snip]

More:
http://www.theglobeandmail.com/servlet/story/RTGAM.20070118.wcibc0118/BNSto
ry/Business/home

- - ferg

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--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet  fergdawg(at)netzero.net  ferg's
tech blog: http://fergdawg.blogspot.com/

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