• United States



by Paul Kerstein

Customer Data Lost, Citigroup Unit Says

Jun 07, 20051 min
CSO and CISOData and Information Security

A unit of financial services giant Citigroup Inc. said yesterday that a box of computer tapes with account information for 3.9 million customers had been lost in shipment, exposing a vast new swath of Americans to the increased possibility of identity theft. The Washington Post reports that the announcement from CitiFinancial, a subsidiary that provides personal and home equity loans, pushes to more than 6 million the number of U.S. consumers whose personal data have been lost or stolen in just the past six months. The spate of breaches has included federal agencies, universities, banks and other financial institutions, data brokers and data-storage companies. Read more.