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Old 02-26-2005, 10:35 AM   #1
Cory W
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Bank of America "lost" 1.2 million federal records.

Somewhere in transit. This includes federal workers and senators.

All this after Choicepoint.

Are you kidding?
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Old 02-26-2005, 10:53 AM   #2
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"Only in America"
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Old 02-26-2005, 10:58 AM   #3
bangman
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Quote:
Originally Posted by Rui
"Only in America"
Who didn't see that coming?
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Old 02-26-2005, 11:27 AM   #4
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they should have to answer for that , this lack of security is bullshit
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Old 02-26-2005, 11:28 AM   #5
gh0st
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Nothing is Secure
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Old 02-26-2005, 11:29 AM   #6
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They are calling it a "Cyber Crime". How is it a Cyber crime when the missing goods are fucken data tapes that were in Air transit?
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Old 02-26-2005, 11:29 AM   #7
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Originally Posted by bangman
Who didn't see that coming?
the people that will loose thier job due to this utter-fuckup
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Old 02-26-2005, 11:35 AM   #8
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This is why "hiding" one's social security number is a futile effort - it's already out there ... privacy policies are a sham - all those opt-out letters financial institutions send out are basically meaningless, since they are still legally free to share the information anyways with their other business units, which themselves can share them - one gets the idea ... it's akin to how the U.S. legally spys on American citizens by using an intermedary country, such as the UK to do the spying and then ship the info back ... point is that privacy leaves much to be desired and incidents like this are going to increasingly occur ... like no kidding ... but here's the scary part that few are talking about ...

BIOMETRICS ... just wait until banks, etc require customers to provide fingerprints, iris scans, etc ... it's scary not only due to the "1984" feel of it all, but more apty because biometric data CAN NOT BE REVOKED ... something one should keep in mind before giving out their thumb print, iris scan, etc to their bank or whatever - once biometric information is stolen, one is permanently screwed for it can't be reissued.

And to really digress, biometric information, ironically, may someday be shown not to be as secure as originally thought - there already exist various methods of duplicating *latent* fingerprints to fool scanners, iris scans can be fooled with contacts, dna can be altered/not as unique as people are led to believe, etc ...

In a nutshell, there needs to be serious civil and even criminal penalties for poor data management practices; collect less information from people to begin with - less information means less that can be lost ... I suppose that's wishful thinking, but then again I digress ... well, I'm off to the bank LOL!

Ron
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Old 02-26-2005, 11:38 AM   #9
emthree
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WTF do you mean by "lost"
H/O Hitting up google news
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Old 02-26-2005, 11:56 AM   #10
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http://www.reuters.com/financeNewsAr...ryID =7746664

Bank Loses Card Data of U.S. Senators
Sat Feb 26, 2005 12:40 AM ET
By Joanne Morrison

WASHINGTON (Reuters) - Computer tapes containing credit card records of U.S. Senators and more than a million U.S. government employees are missing, Bank of America said on Friday, putting the customers at increased risk of identity theft.
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Old 02-26-2005, 12:08 PM   #11
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Quote:
Originally Posted by azguy
http://www.reuters.com/financeNewsAr...ryID =7746664

Bank Loses Card Data of U.S. Senators
Sat Feb 26, 2005 12:40 AM ET
By Joanne Morrison

WASHINGTON (Reuters) - Computer tapes containing credit card records of U.S. Senators and more than a million U.S. government employees are missing, Bank of America said on Friday, putting the customers at increased risk of identity theft.
This is even worse than I thought
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Old 02-26-2005, 12:13 PM   #12
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Must have been stolen, you just can't mislay that amount of data
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Old 02-26-2005, 05:43 PM   #13
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I used to work in a mainframe shop.. Unless ya got a mainframe in ur basement the tapes are almost worthless lol
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Old 02-26-2005, 05:46 PM   #14
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i heard this mentioned on the news the other day. thank god i have my bank with someone else. that is a grievious breach of security.
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Old 02-26-2005, 07:32 PM   #15
Lev
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thats my bank, hope I am not one of them
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Old 02-26-2005, 07:39 PM   #16
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Hopefully my info wasn't on there I am with them because I was with fleet
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Old 02-26-2005, 07:41 PM   #17
detoxed
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They lost backup tapes of the data. Not a huge deal, they will probably never be found and are sitting in a warehouse somewhere. If they arent found for 3-4 years all the stuff will be out of date anyway.
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Old 02-26-2005, 07:47 PM   #18
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They should have a chip in there, where they can auto erase. Like what the army has.
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Old 02-26-2005, 07:49 PM   #19
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There are a number of data centers in every city in america. So somebody with a job with one of them and the knowledge can win the information. Or gee, by a damn tape reader. Doesn't have to be a big expense. At least not in consideration in the value you of that information in the hands of a crook.
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Old 02-26-2005, 08:10 PM   #20
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Too bad.
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Old 02-26-2005, 08:56 PM   #21
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Quote:
Originally Posted by Vitasoy
They should have a chip in there, where they can auto erase. Like what the army has.
"If a smart guy invents a lock , there are 10 smarter guys who can get around it"

Smokey The Bear
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Old 02-26-2005, 09:26 PM   #22
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Quote:
Originally Posted by Ron Bennett
This is why "hiding" one's social security number is a futile effort - it's already out there ... privacy policies are a sham - all those opt-out letters financial institutions send out are basically meaningless, since they are still legally free to share the information anyways with their other business units, which themselves can share them - one gets the idea ... it's akin to how the U.S. legally spys on American citizens by using an intermedary country, such as the UK to do the spying and then ship the info back ... point is that privacy leaves much to be desired and incidents like this are going to increasingly occur ... like no kidding ... but here's the scary part that few are talking about ...

BIOMETRICS ... just wait until banks, etc require customers to provide fingerprints, iris scans, etc ... it's scary not only due to the "1984" feel of it all, but more apty because biometric data CAN NOT BE REVOKED ... something one should keep in mind before giving out their thumb print, iris scan, etc to their bank or whatever - once biometric information is stolen, one is permanently screwed for it can't be reissued.

And to really digress, biometric information, ironically, may someday be shown not to be as secure as originally thought - there already exist various methods of duplicating *latent* fingerprints to fool scanners, iris scans can be fooled with contacts, dna can be altered/not as unique as people are led to believe, etc ...

In a nutshell, there needs to be serious civil and even criminal penalties for poor data management practices; collect less information from people to begin with - less information means less that can be lost ... I suppose that's wishful thinking, but then again I digress ... well, I'm off to the bank LOL!

Ron


Very nicely said. But it is better to spend billions on arresting or bothering people that work in the porn industry, then to mess with the companies of the people that make up the government.
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