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Deutsche Bank Spy Case Rises to New Level
From: InfoSec News <alerts () infosecnews org>
Date: Fri, 9 Oct 2009 04:23:27 -0500 (CDT)
http://online.wsj.com/article/SB125499181593172927.html By David Crawford The Wall Street Journal OCTOBER 9, 2009 BERLIN -- German prosecutors have opened a formal criminal investigation into the Deutsche Bank AG spying affair but say their probe doesn't target the bank's chairman, chief executive or other management-board and supervisory-board officials. Frankfurt prosecutors said they had found evidence that those carrying out the activity, including former and current bank employees, may have broken Germany's privacy laws, a spokeswoman for the prosecutor's office said. The "unauthorized processing of personal information, collected and transferred in return for payment" may have breached Germany's data protection laws, the prosecutor said in a statement. The investigation is focused on the alleged illegal collection and sale of information on a critical Deutsche Bank shareholder and the alleged stealing of business secrets from a Munich law firm, the spokeswoman said. [...] ________________________________________ Did a friend send you this? From now on, be the first to find out! Subscribe to InfoSec News http://www.infosecnews.org
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