Data Theft: Another Hit to Shareholder Value

2008-12-12 — information-security-resources.com

We left our branch in Houston with thousands of loan documents piled from floor to ceiling - we were told a few months prior to retain every document - they took away the shredders and the secure shred bins that we would typically use, and we were drowning in confidential documents like duplicate credit reports, bank statements, duplicate loan applications - every bit of personal information imaginable. Not the normal way to disband a financial company.

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