GovInfoSecurity.com has a timeline of data breaches affecting US Financial Institutions in 2009.  "Stolen or Missing Hardware" was cited in a number of the incidents, along with "Insider Theft".

These data breaches could lead to penalties under a number of state laws.  The FTC could also impose fines under the Gramm Leach Bliley Act (GLBA), which requires financial institutions to protect consumer data.

Written by Kanguru Solutions — October 31, 2012

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