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Data loss could affect 650,000 store credit card users


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#1 Nvyseal

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Posted 18 January 2008 - 08:37 PM

images/news/security.jpgCredit card company GE Money said a computer tape has disappeared which contained personal information of consumers who hold JC Penney credit cards.

In addition to JC Penney, as many as 100 other companies could be affected. GE supplies credit cards to some of the nation's biggest retailers, including Wal-Mart, IKEA, Lowe's, Lord & Taylor, and online payment service PayPal, among others.

About 150,000 of those customers on the tape would also have their Social Security numbers compromised, the company disclosed. The drive apparently first went missing in October 2007.

Data storage company Iron Mountain is being blamed for the loss, as the drive was housed there. As of yet, there have been no reports of fraudulent activity on the accounts affected, and GE said it didn't have any inclination to believe theft was involved.

Getting data off the tape would be a chore for thieves according to Iron Mountain, although it said it regretting misplacing the tape. "We occasionally make mistakes," a spokesperson told the Associated Press.

As has become standard with data losses like this, GE has agreed to pay for a year's worth of free credit monitoring for those affected. The company began notifying customers of their data loss in December.


#2 m.oreilly

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Posted 18 January 2008 - 11:28 PM

Quote

"We occasionally make mistakes..."
well, i'm glad they are taking this situation with the utmost seriousness...

#3 Christopholofigus

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Posted 18 January 2008 - 11:39 PM

OMG, wtf?! Umm, this is pretty serious and they say "We occasionally make mistakes..." ?!?!?!

#4 talker

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Posted 19 January 2008 - 03:01 AM

Yes, your Honor, I only kill and maim occassionaly. Is it OK for me to leave now?...talker. :giggle:

#5 TheBearLT

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Posted 19 January 2008 - 07:24 PM

By saying "WE", he meant "All of US".. All the People..

Like, "Everyone Makes a Mistake, everyone f@kks up".. like "we will do our best to Prevent this in Future"

Just try looking into this "thing" deeper :giggle: ..

Edited by TheBearLT, 19 January 2008 - 07:28 PM.





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