BreachExchange mailing list archives

Bank Of New York Mellon To Pay State $150,000


From: "Sasha Romanosky" <sromanos () andrew cmu edu>
Date: Wed, 18 Feb 2009 08:44:15 -0500


Seems like a trivial amount of fines, though this only lists that as _part_
of the settlement:


Bank Of New York Mellon To Pay State $150,000
February 4, 2009 

The Bank of New York Mellon will pay Connecticut $150,000 as part of a
settlement for a data breach that affected more than 600,000 residents,
state officials said Tuesday.

The bank will continue to provide those affected by the breach with credit
monitoring and fraud alerts for a total of 36 months of protection. It will
also reimburse anyone for funds stolen from their accounts as a direct
result of the data breach, Attorney General Richard Blumenthal said.

The Bank of New York Mellon lost an unencrypted computer tape in February
2008 containing personal information for millions of Americans, including
600,000 Connecticut residents, as it was being transported by a vendor hired
by the bank. The tape has not been recovered.

http://www.courant.com/business/hc-bizdigbrf0204.art1feb04,0,2884839.story


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