Poor old CIBC just keeps getting nailed with this stuff. A couple of years ago it was a long stream of faxes containing customer data going consistently to a private company, and now this.
CIBC is the latest major company to lose sensitive customer data, making 470,000 clients vulnerable to dreaded identity theft. The bank announced Thursday that a file being transported between Montreal and Toronto went missing while in transit.
Source: CIBC Loses 470,000 Private Client Files :: Hack In The Box :: Keeping Knowledge Free
One has to ask why one company is consistently hit with this stuff, courtesy of The Star.
November 2004: It is revealed that for three years, CIBC has been sending confidential client RRSP information to the owner of a West Virginia scrapyard, after being alerted repeatedly by the yard’s owner.
December 2004: A Montreal businessman says CIBC has for several years been mistakenly faxing him confidential information, including customer names, addresses, social insurance numbers and account numbers.
March 2006: In another fax mishap, Gerry McSorley, the sibling of former NHL player Marty McSorley and owner of equipment-maker Flite Hockey, says CIBC has been inadvertently faxing confidential information intended for him to someone else, despite its knowledge of his new number. According to court documents, 13 faxes were sent improperly between March 2004 and September 2005.
Yesterday: CIBC says it lost a “backup copy” of a computer file in December containing information about 470,000 mutual fund client accounts.
