UK: Customer data loss soars at financial firms
Tessa Norman reports:
The number of customer data loss incidents reported to the FCA [Financial Conduct Authority] has increased significantly in the past year.
A Freedom of Information request published by the FCA shows that in 2013, the regulator was notified of 13 incidents where firms have lost customer data or had it stolen. Some 104,100 customers were affected by six of these incidents – the FCA says numbers are not known for the other seven incidents.
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