The fining of high street bank HSBC for losing customer data has been praised as a positive step. HSBC was fined £3.2 million for a series of data security losses of customer data by the Financial Services Authority (FSA) after its Life division lost an unencrypted CD containing the details of 180,000 policyholders. The disk was sent by regular, unrecorded post and contained names, ages, sex...
HSBC fined £3.2 million by FSA over data loss
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