Nov 152010
 

Kayser-Roth Corporation, an affiliate of Golden Lady Group, recently notified the New Hampshire Attorney General’s Office that a laptop stolen from their corporate office in Greensboro, North Carolina contained personal and financial information on an unspecified number of current and former employees.

The laptop, which was stolen from the Corporate Payroll Department sometime between 4:30 pm on October 14 and 7:15 am on October 15, was password-protected, but the data and files were not encrypted.  Names, addresses, and  Social Security numbers of former and current employees as well as bank account information of current employees was on the laptop.

The firm did not offer those affected any free services.  And somewhat to my irritation, in the police report they filed – a copy of which was attached to their notification to New Hampshire – the value of the laptop was listed as $1500.00 while the value of the employee information was listed at $1.00.  Maybe if they’d actually paid for credit monitoring services or had to pay millions of dollars for legal defense of a lawsuit over the breach, they’d realize that the information was worth a lot more than $1.00.

  3 Responses to “Kayser-Roth notifies employees that stolen laptop contained their info”

  1. Clearly you are not being irritated easily lately. I wonder how their employees will feel when they find out that their privavy is only worth $1.00 collectively. Wow, keeping their employees safe and happy definitely is not a priority there. May be time to look for a new job with an employer who respects you and your privacy

    • I’m not being irritated easily lately? And I try so hard to be uniformly irritated…

      Actually, Kayser-Roth looks like it has a benefits plan for employees that exceeds what most companies offer. I’m surprised that they didn’t offer their employees free monitoring services.

      That police report wasn’t sent to employees as far as I know, although some may certainly see it. Of course, the company will argue that they didn’t know what to put as commercial value, but I would have preferred to see them write in “priceless.”

  2. The police probably didn’t know what else to fill in the form. Commmercial value, human value, emotional impact — yeah PRICELESS is the right answer.

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