Volume III

Issue : 12: June 16, 2005

• OECD Issues Report on the Digital Music Industry
• Citigroup Loses Nearly Four Million Customers Data
• Ohio Attorney General Files Suit Over Customer Data Theft
• Online Casino Advertisement Case Continues
• Microsoft Caught in Patent Infringement Again
• U.S. Supreme Court Refuses to Hear Lexmarks Appeal
• US 6th Court Denies De Minimis Exception to Soundrecording Copyright Infringement
• Media Ban in Pickton Case Extends to Internet Broadcasting and URLs

Home > Volume III > Issue 12: June 16, 2005 > Citigroup Loses Nearly Four Million Customers Data

Citigroup Loses Nearly Four Million Customers Data

CitiFinancial, the consumer finance division of Citigroup, has begun notifying approximately 3.9 million customers that tapes containing their personal data, including social security numbers, have been lost. The tapes were apparently lost by the courier UPS in transit to a credit bureau. The announcement follows a number of incidents in which financial institutions have had to warn customers that their personal information has been lost or stolen.

In addition to issuing the warning, Citigroup has arranged assistance for its customers in the form of account monitoring services and, if they become victims of identity theft, an identity theft resolution service. Starting in July, Citigroup says it will send information electronically in encrypted format.

For additional information, visit:

http://shorl.com/huvuhatyjagro

http://shorl.com/gopigrysunido