Japanese bank loses 1 million
records.
by Swartz, Nikki
[ILLUSTRATION OMITTED]
Resona, a major Japanese bank, reported that it lost transaction
records on about 980,000 customers--a new record for data loss among the
country's banks.
According to a report by the Yomiuri Shimbun, a routine audit of
transaction data revealed that records of automated teller machine use,
withdrawal and deposit slips, and copies of tax payments were missing
from 27 Resona branches, including the branch located in the Diet
building, which houses Japan's lawmakers.
The bank said it had not received any reports of illegal use of the
information or withdrawals of cash, and the missing records did not
contain customers' passwords. However, the information lost did
include names, account numbers, and transaction details, a bank official
said. Yomiuri Shimbun did not report whether the lost records were
digital or paper and did not say what forms of digital storage media the
bank uses.
Details of Resona's problems were first discovered at the end
of last year, when the branches transferred the materials to control
centers in Tokyo and Osaka, officials said. If the reported numbers are
correct, the 980,000 Resona customers affected would exceed the 960,000
customers put at risk when the Bank of Tokyo-Mitsubishi UFJ lost data in
October 2006.
COPYRIGHT 2007 Association of Records Managers &
Administrators (ARMA) Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.
Copyright 2007 Gale, Cengage Learning. All rights
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NOTE: All illustrations and photos have been removed from this article.