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Insider data theft costs Bank of America $10 million – Computerworld

 

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Security News Insider data theft costs Bank of America $10 million By Robert McMillan May 25, 2011 09:03 PM ETComments (7)Recommended (17) IDG News Service – A Bank of America insider who sold customer data to criminals cost the bank at least US$10 million in losses.

Bank of America began notifying customers of the incident recently, but is not providing many details of the case which is still under investigation. The theft, ‘involved a now former associate who provided customer information to people outside the bank, who then used the information to commit fraud aga”

 

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