Financial Records of Millions At Risk After Computershare Insider Copies Data To USB... Then Loses The USB

[security curmudgeon <jericho () attrition org>]

---------- Forwarded message ----------
From: InfoSec News <alerts () infosecnews org>

http://threatpost.com/en_us/blogs/financial-records-millions-risk-after-computershare-insider-copies-data-usbthen-loses-usb-1108

By Paul Roberts
ThreatPost.com
November 8, 2011

Computershare, the investor services firm, has filed suit against a former 
employee it charges with making off with thousands of pages of proprietary 
company documents, including information on shareholder names, account 
numbers and financial holdings.

The company warned that the data, which was illegally copied from the 
former employee's company laptop to a USB drive, which was subsequently 
lost, could put the "privacy and financial record of millions of 
shareholders" at risk.

The complaint, filed in February in Federal Court for the District of 
Massachusetts, alleges that Kathyann Pace violated the Federal Computer 
Fraud and Abuse Act (CFAA) when she absconded with the data after 
tendering her resignation from Computershare in September, 2010.

Pace, a Massachusetts resident who worked as an internal risk management 
auditor in Computershare's Canton, Massachusetts office, failed to 
surrender her company-owned laptop for close to a month following her 
resignation, Computershare ordered a forensic examination of the device 
once it was returned.

[...]
_______________________________________________
Dataloss Mailing List (dataloss () datalossdb org)
Archived at http://seclists.org/dataloss/
Unsubscribe at http://datalossdb.org/mailing_list

Learn encryption strategies that manage risk and shore up compliance.
Download Article 1 of CREDANT Technologies' The Essentials Series:
Endpoint Data Encryption That Actually Works
http://credant.com/campaigns/realtime2/gap-LP1/