Marriott Discloses Missing Data Files
An anonymous reader writes "Marriott International has admitted that it is missing backup computer tapes containing credit card account information and the Social Security numbers of about 206,000 time-share owners and customers, as well as employees of the company." From the Washington Post story: "Officials at Marriott Vacation Club International said it is not clear whether the tapes, missing since mid-November, were stolen from the company's Orlando headquarters or whether they were simply lost. An internal investigation produced no clear answer. The company notified the Secret Service over the past two weeks, and has also told credit card companies and other financial institutions about the loss of the tapes."
With $105 billion in this type of crime in 2005, I'm glad the Department of Homeland Security has had their budget cut to $16 million. That should stop those crooks!
The theory of relativity doesn't work right in Arkansas.
Unless your business model including some sort of recurring billing there is absolutely no justification for storing every digit of a credit card number. The first and last digits are more than enough for data matching purposes.
How we know is more important than what we know.
I believe this concerns time share loans, in which case a SSN would be required in the credit process.
They would need to keep the SSNs to share with their loan servicer(s?) and backup companies.
In most cases, when you take out a loan with somebody, your data is likely being shared with everybody they do business with related to the servicing of the loan... especially if you're a "high risk" customer (e.g., low credit score).
AC for obvious reasons...
;-)). Anyway, the first day, FIRST DAY! I was working there I had access to all the back-up tapes for the past month with every guests name, address, phone number, what government agency/corporation they work for, and CC#'s/expiration dates. The tapes are all sitting in a filing cabinet in the front office.
I work the front desk at a competing 4-star hotel chain. I work the night shift ($10/hr to sit there babysitting the desk and reading/fiddling on my laptop, great job for students
So many people touch the tapes, front desk staff/accounting/reservations/IT, that if one went missing it would be impossible to track back to an individual. What's more, if I just picked up my own tape and made a dupe at night in 35 minutes while I'm there alone nobody would ever know.
This is a 400 room hotel in a major U.S. city, access to literally tens of thousands of names, addresses and associating credit card numbers, all for filling out a standard job application that I may or may not have filled out accurately. Unbelievable.
ABN Amro lost a tape with my data on it. The news was out that week. DHL found it, and even though the news agencies didn't cover it much, I got a follow-up letter from ABN Amro AND they extended the free credit tracking service from 3 months to 1 year.
Marriott on the other hand waited over a month before they even notified the Secret Service, for crying out loud.
No kudos to Marriott for this one. They're lucky that their month-long cover-up isn't criminal (yet).
-- "In order to have power, I must be taken seriously." -Mojo Jojo
They need to keep your SSN for tax purposes. Depending on your agreement, the loan to 'buy' your timeshare is considered a mortgage. So they need to report interest to the IRS. Not to mention, a credit agency is going to use your SSN to avoid simple name collisions.
As far as keeping your credit card number, they could be requiring it to cover maintenance fees or it's possible customers are automatically having their loan payments charged to their credit card. I do that with a couple of my monthly expenses so I don't have to write a check. (having both electronic withdrawals and automatic billing to credit cards, I prefer the latter)
While I suppose you can get around these by buying the timeshare outright, and prepaying maintenance fees, most customers do not want to do that.
It is amazing what you can accomplish if you do not care who gets the credit. -- Harry Truman