You've no doubt heard horror stories of companies that "disposed" of personal customer information in public dumpsters. Or how interns went home with a laptop that contained lots of customer data--only to lose it. Just recently, Bank of New York Mellon lost unencrypted back-up tapes with data on 4.5 million customers. Chances are you've locked down a bit. Here's another reminder how hard it can be: Finextra reports that State Street computer gear, with sensitive data, was stolen from a vendor hired by a bank that State Street acquired. A vendor hired by a recent acquiree--who's responsible for that?
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- here's the article
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