Data loss

They do say that the private sector is more efficient than the public sector; but I didn’t realise it was true of data leaks. The UK’s financial services firms put 16.5 million people at risk of ID fraud last year, according to figures released to Computer Weekly.

The Freedom of Information Act has so far revealed that financial services companies reported 56 incidents of lost or stolen data to the Financial Services Authority last year, placing around one in four UK customers at risk of fraud.

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