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Monday, November 9th, 2009

Accessing your info

July 11, 2008 by moneypenny  
Filed under Personal Finance

Accessing your info

As well as accessing the information held by credit agencies on you, banks also store a lot of their own info and recently the safety of this info has come under the spotlight.

Last year a large UK bank was fined £1 million for carelessly failing to safeguard customer info when a member of staff’s laptop was stolen. The theft was pretty routine what angered the officials however, was the fact that the info held on the computer was not even encrypted to prevent Joe Soap in the street accessing it.
A few months later the banking commisioner named and shamed …read more


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