Bank of America data leak destroys trust

[Liberal_in_LA]

Bank of America data leak destroys trust
The far-reaching fraud serves as a cautionary tale for all consumers who entrust virtually their entire financial lives to major companies

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Andrew Goldstein has been a Bank of America customer for more than four decades. He's grown up with the bank, trusted it, relied on it to be there for him through thick and thin.

So it was with more than a little shock that Goldstein, 60, learned the other day that a BofA employee apparently leaked confidential information about his and hundreds of other customers' accounts to scammers, resulting in more than $10 million in losses.

In Goldstein's case, the security breach resulted in his checking accounts being rapidly drained of more than $20,000.

http://www.latimes.com/business/la-fi-lazarus-20110524,0,1687635.column

[marmar]

1. Did BofA have any trust left to destroy?

nt

[izquierdista]

2. I'm disappointed

I was looking forward to reading about BofA destroying the trust of a trust-fund baby.

[Angry Dragon]

3. And they will charge these customers overdraft fees