Friday 24 July 2009

FSA fine HSBC £3M over data breaches

Following an investigation HSBC have been fined £3M by the FSA for repeated incidents of sending large quantities of unencrypted personal data in the post!

Their are two clear lessons here; systems need to be designed to prevent the ability to dump unencrypted data onto removable storage and all staff need to have awareness training so they will know that posting disks full of data is akin to posting envelopes of cash.

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