Data theft involving four banks could affect 500,000 customers

Thursday, 19 May 2005, 1:54 PM EST

Electronic account records for some 500,000 banking customers at four different banks were allegedly stolen and sold to collection agencies in a data theft case that has so far led to criminal charges against nine people, including seven former bank employees. Hackensack Police are continuing their investigation into the theft by a crime ring that apparently accessed the data illegally through the former bank employees.

By Todd R. Weiss at Computerworld.

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