Chase Data for 2.6 Million Ends up in Landfill
svonkie writes to mention a ComputerWorld story about some bad news from some 2.6 Million Chase credit card customers. These folks are being told that tape backups with their information were mistakenly thrown away back in July. There's apparently no need to worry about possibility of compromised personal information; the company believes the tapes were destroyed at a landfill. Just the same, "To prevent similar incidents, Chase said it is strengthening its security procedures and is conducting a review of all data storage and protection processes. Chase began notifying the affected customers about the incident yesterday and said the process is expected to take two to three weeks. The company is offering one year of free credit monitoring to people whose Social Security numbers were on the tapes."
if they think the tapes were destroyed, how do they know exactly which card numbers were on the tapes? I mean they may know the bulk, but not all, right? or would they? If they got rid of the tapes, would the still have the indexes?
Is this data not encrypted!?!
Yikes! A dumpster diver's paradise!
Check out my sci-fi/humor trilogy at PatriotsBooks.
These folks are being told that tape backups with their information were mistakenly thrown away back in July.
Well, they better go Chase it!
The theory of relativity doesn't work right in Arkansas.
Company spokesman says, "Ooops. Our bad. Please, Mr. Government, whatever you do to punish us, don't give us lots of money. We hate that." Government officials are trying to determine how much money to punish them with.
- None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
Gee, what if this was an inside job, and they
were placed in the trash to be retrieved later
before making it to the dump?
You are being MICROattacked, from various angles, in a SOFT manner.
The article summary posted above fails to mention that these were Circuit City credit customers. That is a very important bit of info as many retail credit card holders often have no idea who the issuing bank is.
I say they nuke the site from orbit. It's the only way to be sure.
When our name is on the back of your car, we're behind you all the way!
Is it just me, or is the whole "pay for" credit monitoring industry a big con?
You have to PAY to find out what information may or may not be stored about you? It may be correct; it may be erroneous: you don't find out until you've stumped up the cash (and yes, I realise that the credit companies are required to make information available in the event that you are turned down for credit... but what about those who are just curious?).
And in this instance, what happens when that year is up?
Now we know where this guy funds his science projects and student loans.
Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
Inconceivable! You keep using that word. I do not think it means what you think it means
I used to work at a Chase subsidiary, and no amount of IT incompetence from them surprises me. Frankly I'm shocked we were never sued into the ground with the idiotic things they did; for example, sending out tax forms for RV loans late, resulting in customers losing tax refund money; also (it was a "loan servicer") we'd call people 3x or more/day after they'd already spoken to us.
The corporate intranet webshite had a form that all employees had to agree to yearly. My section all did theirs after I did, and each time they logged in *on different machines and with different accounts* the form thought they were me.
I know I could name many more things, but it's been a couple years and I've successfully blocked out most of those memories.
I know this for a fact, because of all the spam I keep getting telling me to fix the particulars of a Chase bank account which I have never had in the first place. Obviously there are bit errors in the data :-)
Someone had to do it.