Lumension® Endpoint Intelligence Center

Intelligence Center » News Archive » TD Bank settles Massachusetts data breach probe, to pay $625,000

TD Bank settles Massachusetts data breach probe, to pay $625,000

2014/12/08

Reuters - (Massachusetts) TD Bank agreed December 8 to a settlement with the State of Massachusetts to pay $625,000 and improve security practices to resolve a probe of a 2012 data breach that exposed the personal information of more than 260,000 customers. The incident was caused by the loss of unencrypted back-up tapes in March 2012 and Massachusetts officials stated that the bank was too slow in reporting the breach to authorities in October.

Source: http://www.reuters.com/article/2014/12/08/torontodominion-massachusetts-settlement-idUSL1N0TS1H320141208

Note: This news synopsis is taken from the DHS Daily Open Source Infrastructure Report, a daily [Monday through Friday, except US Federal holidays] summary of open-source published information concerning significant critical infrastructure issues; a 10-day archive of the DOSIR can be found at: http://www.dhs.gov/dhs-daily-open-source-infrastructure-report.


Last Updated: 27 May 2016 10:22:43