Millions more affected by Bank of New York Mellon data breach

Posted by Humphrey Cheung

New York (NY) – The stolen backup tapes belonging to Bank of New York Mellon Corp contained millions of more names and Social Security numbers than initially reported.  On February 27, six to ten unencrypted backup tapes containing 12.5 million names, addresses, birth dates and Social Security numbers went missing.  The bank initially claimed 4.5 million missing records, but government subpoenas forced management to change their story.

Bank management claim potential thieves need sophisticated equipment to read the tapes (cough eBay tape readers cough) and add that no information has been used to make fraudulent transactions.

Read more … Reuters