TD Bank isn’t the only financial sector entity dealing with missing backup tapes these days. Vermont-based VSECU sent out notification letters yesterday after two unencrypted backup tapes created on August 27th were discovered missing on September 10.
The tapes contained names, addresses, Social Security numbers, driver’s license numbers, financial account information, and transaction records.
The credit union does not think the tapes were stolen. They believe they may have been accidentally discarded and wound up in a landfill.
There’s no explanation as to why the tapes were unencrypted.
You can read their notification letter here.