HSBC facing probe over lost data disc (From Daily Echo)
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HSBC facing probe over lost data disc
12:04pm Monday 7th April 2008 in News
DETAILS of 370,000 customers of HSBC have gone missing after the bank giant admitted it had lost a computer disc posted from Southampton.
Major regional employer HSBC faces the prospect of an investigation by the City watchdog into the embarassing incident, the latest in a series of high profile losses of personal data held on computers.
It contained the names, dates of birth and insurance cover levels of people with life assurance at the bank, generally linked to a mortgage.
HSBC has informed the Financial Services Authority about the breach and it is thought the group could be investigated and face a fine if the regulator finds that security was lax.
See tomorrow's Daily Echo for full details
