Information Security News mailing list archives

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


From: InfoSec News <alerts () infosecnews org>
Date: Thu, 10 Nov 2011 02:14:43 -0600 (CST)

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.

[...]


_____________________________________________________
Subscribe to InfoSec News - www.infosecnews.org
http://www.infosecnews.org/mailman/listinfo/isn


Current thread: