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Article Excerpt
Enterprise Risk Management Firm Reconnex Provides Technology, Legal, and Information Security Experts as Resources
MOUNTAIN VIEW, Calif., May 26 /PRNewswire/ -- Reconnex, the expert in enterprise risk management systems, has multiple expert resources available to comment on what officials are saying may be the largest security breach in the banking industry to date. At least four banks, including Bank of America Corp. and Wachovia Corp., are notifying customers that a combined total of over 670,000 accounts may have been compromised, allowing private data to be leaked (see 'Available Resources' below).
What Happened:
Developments in this case have confirmed that Bank of America Corp. is notifying customers that up to 60,000 accounts have been compromised, while Wachovia Corp. is currently notifying more than 40,000 customers that their personal account information has been stolen. Account information was illegally sold by bank employees to a man identified as Orazio Lembo, whom police said was doing business by illegally posing as a collection agency.
How...
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