Backups tapes a backdoor for identity thieves

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Backups tapes a backdoor for identity thieves
http://securityfocus.com/news/11048

SECURITYFOCUS NEWS

In many cases, low paid workers are handling sensitive tapes, but
only a small fraction of companies are securing the data with
encryption.
By Robert Lemos, SecurityFocus Apr 28 2005 2:26PM


Large companies are reconsidering their security and backup policies
after a handful of financial and information-technology companies
have admitted that tapes holding unencrypted customer data have gone
missing.

Last week, trading firm Ameritrade acknowledged that the company that
handles its backup data had lost a tape containing information on
about 200,000 customers. The financial firm is now revising its
backup policies and, in the interim, has halted all movement of
backup tapes, a spokesperson said this week.

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