Wells Fargo Computer Missing, Identity Thieves Thrilled

from the great dept

Here’s yet another reminder that for all the random stuff everyone is told to do to protect yourself against identity theft, you have no way to stop companies who can’t handle their own security. Wells Fargo has admitted that a company they used to manage their data has had a computer stolen containing plenty of confidential customer info, which may now be in the hands of identity thieves. This is the third time that Wells Fargo has reported such a computer being stolen. So go ahead and protect your own data as much as possible, but until we get at the the more fundamental issues that allow identity theft, don’t think that, alone, makes you safe.

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