Investment regulator loses portable device containing personal data

Share this article:

The Investment Industry Regulatory Organization of Canada (IIROC) has lost a portable device containing sensitive data on tens of thousands of brokerage firm clients.

How many victims? 52,000.

What type of personal information? The details of the lost information have not been released by IIROC.

What happened? According to a statement by the brokerage regulator, an employee lost a portable device – the type was not disclosed – that contained personal information belonging to clients of various investment firms.

What was the response? Firms whose information was involved in the breach were notified by IIROC, and victims will receive free credit monitoring for the next six years.

Quote: “The protection of confidential information is critical to us, and we have taken steps to address the situation and to immediately strengthen our internal controls,” Susan Wolburgh Jenah, chief executive officer of IIROC, said.

Source: www.theglobeandmail.com, The Globe and Mail, Brokerage regulator ‘deeply regrets' loss of device with client data,” April 12, 2013.

Share this article:

Sign up to our newsletters

POLL

More in The Data Breach Blog

Fate of unencrypted drive unknown, PHI of 5,500 in Virginia at risk

A Virginia-based chiropractic center is not quite sure what happened to an unencrypted thumb drive, which contained personal information - including Social Security numbers - on more than 5,500 patients.

Iowa State server breach exposes SSNs of nearly 30,000

The breach impacts Iowa State students where were enrolled at the university between 1995 and 2012.

Three laptops stolen from New York podiatry office, 6,475 at risk

Nearly 6,500 patients of New York-based Sims and Associates Podiatry may have had personal information compromised after three laptops were stolen.