Incident: Citigroup division tells 3.9M customers personal info lost

CNN, via PrivacySpot.com is reporting that CitiGroup has lost computer tapes containing personal information on almost four million current and former customers. ALMOST FOUR MILLION.

Citigroup division tells 3.9M customers personal info lost - Jun. 6, 2005:

"NEW YORK (CNN/Money) - Citigroup said Monday that personal information on 3.9 million consumer lending customers of its CitiFinancial subsidiary was lost by UPS while in transit to a credit bureau -- the biggest breach of customer or employee data reported so far.

Citigroup, the nation's biggest financial services company, said that UPS lost the tapes while shipping them to a credit bureau in Texas...."

The tapes were not encrypted, though the company plans to start encrypting tapes starting in July. Hmm.