Citigroup Loses Customers Information

By Ian Bell Published October 27, 2009

Well, technically it’s not Citigroup’s fault. According to the company, UPS lost the backup tapes which held information for 1.9 million Citigroup customers while shipping them to a credit Bureau in Texas. The tapes also contain information for about 50,000 closed customer accounts.

Citibank claims customer accounts are safe because they require direct approval by the customer, but what about your credit information, social security number and other personal information that was lost? I guess we are all out of luck there.

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