Ameriprise Financial Has Data On 158,000 Customers Stolen

OK who's the idiot at Ameriprise Financial who allows employees to walk around with 158,000 of their customer's sensitive data on a laptop computer? This is just the most asinine breach of security imaginable. A freakin' laptop!

So all you hippie baby boomers who are buying into their latest ads on how you guys lived through the bra burning and anti-war protests and aren't going to be sitting in a rocking chair for retirement, you've just been owned. You'll be enjoying your retirement on the street after identity thieves steal all of your retirement savings.

Fox News


Ameriprise Financial Inc. said Wednesday it has notified about 226,000 people that their names and other personal data were stored on a laptop computer that was stolen from an employee's vehicle.

Ameriprise said it has alerted 68,000 current and former financial advisers whose names and Social Security numbers were also stored on the same computer. About 158,000 clients had only their names and internal account numbers exposed. The company says it has more than 2 million customers and about 10,500 current financial advisers.

Minneapolis-based Ameriprise said it had received no reports that the data lost in the theft had been used improperly. Ameriprise is the name of the former American Express Financial Advisors division, which New York-based American Express Co. spun off last fall.

Ameriprise said the theft appeared to be a "random criminal act" and that it has been working with law enforcement to recover the laptop, which it said was stolen recently from an employee's locked vehicle that was parked offsite.

...

Ameriprise is offering the affected current and former employees a free credit monitoring program for a year.


Hey, but you got free credit monitoring out of the deal!


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Posted by Digger on January 26, 2006 04:07 AM (Permalink)
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