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Bank sued over client data sale

Snipped from comp.risks digest 20.44; The state of Minnesota last week sued U.S. Bank for allegedly selling Social Security numbers, account balances and other sensitive customer data to a telemarketing company in exchange for commissions. Apparently several other banks are also hawking customer information, which raises serious privacy concerns.

[Source: *ComputerWorld*, article by Kim S. Nash, 14 Jun 1999, http://www.computerworld.com/home/print.nsf/CWFlash/990614AE82 PGN]

 

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