I've read a recent report compiled by the Information Commissioner's Office where 'Barclays' (along with HBOS, Alliance & Leicester, RBS, Clydesdale Bank, Natwest, United National Bank, Barclays Bank, Co-operative Bank and HFC Bank) is accused of unacceptable data protection breach.
Apparently, 'Barclays' (with the others) was found to have discarded personal information in waste bins /receptacles outside its premises!
The ICO has now required these organisations to sign a formal undertaking to comply with the Principles of the Data Protection Act. Failure to meet the conditions of the undertaking is likely to lead to further enforcement action by the ICO and could result in prosecution by the Office.
David Smith, Deputy Commissioner, said: “It is unacceptable for banks and other organisations to carelessly discard their customers’ information. It is vital that banks and other organisations take security seriously". So what do you think!? Isn't it time we all switch to "Halifax"!?
2007-03-16
08:24:26
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1 answers
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asked by
Anonymous
in
Business & Finance
➔ Personal Finance