Investment bank UBS: one of our disc drives is missing

Wednesday, 1 June 2005, 2:02 AM EST

Investment bank UBS has launched an investigation after a disc reckoned to contain sensitive client data went missing. The lost drive held data from the bank's Tokyo share trading division raising fears that confidential trading histories from the bank's corporate clients might be disclosed, The Times reports. Japanese regulators told the paper they took the leak "extremely seriously". Japan's Financial Services Agency was told about the missing disc last week and though itís unclear when the disc went missing, theories abound.

By John Leyden at The Register.

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