After Data Tape Lost, ABN Amro To GoElectronic

Register now

CHICAGO - (01/02/06) ABN Amro Mortgage Group, Inc., will beswitching to electronic data transfer to its credit reportingcompany instead of physically shipping the data tapes, aftertemporarily losing one such tape containing vital personalinformation for more than two-million customers. The tape had beenreported lost on its way to a DHL shipping facility where it was enroute to the credit reporting company. The tape was found one monthlater at the DHL facility from which it had originally beenreported lost, and ABN Amro said it is hoping that means none ofthe sensitive data was ever actually compromised, although is stillinvestigating the situation. In the meantime, ABN Amro is exploringelectronic data transfer options instead of shipping datatapes.

For reprint and licensing requests for this article, click here.