CA Bank of Nova Scotia Jul 2011 Misuse (Q14897)
From Open Risk Manual
A data breach risk event
Language | Label | Description | Also known as |
---|---|---|---|
English | CA Bank of Nova Scotia Jul 2011 Misuse |
A data breach risk event |
Statements
0CC51554-22AB-4C41-A3A3-AC54DB1527DB
July 2011
0 references
Richard Wilson, an employee of the Bank, has admitted to providing private and confidential information of Bank customers to his girlfriend, who then disseminated the private information to third parties for fraudulent and improper purposes. As a result of the Bank employees conduct, a substantial number of the Banks customers became victims of identity theft and fraud, which has negatively affected their credit rating. [3] Wilson was employed by the Bank as a Mortgage Administration Officer, from September 24, 2007, until June 12, 2012. In this position he had access to highly confidential customer information. [4] The Bank identified a marked spike in the number of customer files accessed by Wilson commencing on or about July 1, 2011. The Bank has identified 643 Bank customers (the Noti (English)