5/23/2005

Banks Notify Customers of Data Theft

Filed under: — By Aviran Mordo @ 7:08 pm

More than 100,000 customers of Wachovia Corp. and Bank of America Corp. have been notified that their financial records may have been stolen by bank employees and sold to collection agencies.

In all, nearly 700,000 customers of four banks may be affected, according to police in Hackensack, N.J., where the investigation was centered.

So far, Bank of America has alerted about 60,000 customers whose names were included on computer disks discovered by police, bank spokeswoman Alex Liftman said Monday.

Wachovia said it has identified 48,000 current and former account holders whose accounts may have been breached.

Source: AP

 

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