On MovieTome: Top Ten: Most Bizarre Twilight Merch
BNET Business Network:
BNET
TechRepublic
ZDNet

By Joris Evers
Posted on ZDNet News: Mar 23, 2006 1:41:00 AM

A laptop with information on almost 200,000 current and former Hewlett-Packard employees was stolen last week, putting them at risk of identity fraud.

The stolen computer belongs to Fidelity Investments, which provides services to HP, a representative for the Palo Alto, Calif., technology giant said Wednesday. The laptop was being used by several Fidelity employees in an off-site location, said Anne Crowley, a spokeswoman for Fidelity, which is based in Boston.

The portable PC contains information on 196,000 current and former HP employees, Crowley said. The data includes names, addresses, Social Security numbers, dates of birth and other employment-related information, but not the personal identification numbers required to log on to Fidelity services, she said.

The HP incident is the latest in a string of data security breaches. In the last 13 months, more than 53 million personal records have been exposed in dozens of incidents, according to information compiled by the Privacy Rights Clearinghouse. Last month, McAfee reported that an external auditor lost a CD with information on thousands of current and former employees.

Fidelity has reported the theft to law enforcement agencies and the matter is under investigation, Crowley said. "They told us that there have been several laptop thefts...and that their experience has been that these appear to be largely property-focused, rather than people seeking data or identity information," she said.

There is no evidence that the information has been misused, Crowley said. Furthermore, the information requires a special application, which expired a day or so after the laptop was stolen, she said. "The data would be difficult to interpret and generally difficult to read or use."

Identity theft continues to plague consumers, topping the list of fraud complaints reported to the Federal Trade Commission last year. Consumers filed more than 255,000 identity theft reports to the FTC in 2005, accounting for more than a third of all complaints, the agency said in January.

HP and Fidelity started notifying affected individuals this week, both companies said. Fidelity has stepped up security on HP accounts and offers those affected a no-cost credit-monitoring service for a year.

Fidelity claims to be the largest mutual fund company in the United States and one of the world's largest providers of financial services to about 21 million individuals, according to its Web site.

SponsoredWhite Papers, Webcasts, and Downloads

  • Talkback
  • Most Recent of 32 Talkback(s)
That's right!
We had a situation with a person going through the airport and the security person pulled our employee away from her stuff that was going through the scanner. (they tell you not to leave your stuff, b... (Read the rest)
Posted by: BillWood Posted on: 03/27/06 You are currently: a Guest | | Terms of Use
nice job *******  zunesis | 03/22/06
Re: Nice Job  BXLE | 03/23/06
HP is NOT Alone  mschore@... | 03/24/06
Get with the times  ibabadur1 | 03/22/06
Exactly  SarcasticB | 03/23/06
I agree, though it sounds like it's not HP's fault  John Zern | 03/23/06
It IS HP's fault.  BillWood | 03/23/06
Responsibility starts with FI  Harrim | 03/23/06
Sounds like it is encrypted  Shelendrea | 03/23/06
Fidelity never said it was encrypted  lesfab | 03/24/06
Wrong  BillWood | 03/27/06
It's actually both, but HP first  SarcasticB | 03/23/06
Someone hasn't been reading the IT news.  Mr. Roboto | 03/23/06
They have been reading the  BXLE | 03/23/06
HP has no choice...  John Zern | 03/23/06
Guess HP wont have to notify if HR3997 is law...  redstone | 03/23/06
Just wait until a laptop with the personal info...  Confused by religion | 03/23/06
Won't Matter Milly  DarbyOhara | 03/23/06
Come on now, you actually think  John Zern | 03/23/06
Hey Darby...  TCP?IP'ed | 03/23/06
Well laws are being passed..question is ...  redstone | 03/23/06
how about some fair play?  shraven | 03/23/06
Handling of sensitive data fast and loose  donpar | 03/23/06
I have three words for you Pretty Good Privacy  metalcrit | 03/23/06
Best encryption software  centrum72 | 03/24/06
Pointsec  fdavis | 03/24/06
Encryption  Edj_z | 03/24/06
Legistlation or Lawsuits May Be Needed  mschore@... | 03/24/06
A new oxymoron  dtoub@... | 03/24/06
Encrypted hard drive a MUST  fdavis | 03/24/06
That's right!  BillWood | 03/27/06
Data is more than enough  3dguru | 03/26/06

What do you think?

advertisement
advertisement

White Papers, Webcasts, and Downloads

  • Smart Tech Expert advice on innovations in healthcare and the green technologies that make it happen. Find out more
  • Smart Business Discussion and advice on management issues that revolve around making your world smarter and more useful. More Smart Advice
  • Smart People The best and worst moves in the management and strategy trenches. Learn More