[softengine]

"The company admitted that it doesn't use encryption..."

All together now folks - Holy Sh.......

[Dinsdale]

"The company admitted that it doesn't use encryption..."

That is flat out stupid. Granted the encrypion built into most backup software is week, but not using it is unacceptable for a financial institution.

[mewzilla]

Whoa.

[dirtboy]

If you knew some of the stuff that I have seen about the data that banks have sent through UPS without encryption or security safeguards or even checking out where they are sending it, you'd drop a cinder block.

[BigSkyFreeper]

Did they ever stop to think to use UPS package tracking? My guess is at this point, the tape is stolen.

[Unknown Freeper]

Does anybody ever get fired over this? Geez, this is data security 101.

[tophat9000]

"The company admitted that it doesn't use encryption..." All together now folks - Holy Sh.......

You wouldn't encrypt a backup... but then wouldn't/shouldn't ship your off-site backup tape via UPS so it could get lost

[FreedomAvatar]

Banks are dinosaurs. They're using old-fashioned tape technology and plain-text. I'm surprised the headline wasn't "Bank loses deck of punch cards".

[highball]

Aaaaaarrrrgh!

Citibank is *my* bank!

But then, everybody already knows that by now....

[cricket]

["The company admitted that it doesn't use encryption..."

All together now folks - Holy Sh.......]

What part about 'security' do these folks not understand?

Who are these people, really?

[DancesWithTrout]

They should have sent it regular US Mail. The credit card bill they send me every month never fails to get here. NEVER,NEVER,NEVER.

[JWinNC]

on tape??? tape???

not encrypted???

sent by UPS???

How can these people be so stupid???

Not only should people be fired, the whole division should be shut down for incompetence. If laws were broken, they should be prosecuted to the max. This is unbelievable.

[OB1kNOb]

_______________________ you-are-scrd
Customers are advised to call 866-452-2484

[pabianice]

So? What's the worst that could happen?

[RockinRight]

Well isn't this forking wonderful. I have THREE Citibank accounts...two credit cards and a personal loan...

[umgud]

It don't matter........ I figure the only reason we don't have more ID theft is because we don't have enough talented crooks. In this day and age, financial data is soooo easy to get, I'm amazed the system hasn't collapsed due to bilking.

[combat_boots]

So exactly what DO they do for security then, and what IS the frequency Kenneth?

[Ghost of Philip Marlowe]

"The United Parcel Service lost the tape on May 2nd..."

I hope someone sues that POS company out of existence. Every single time I've used their "delivery service," the order has been damaged or otherwise gone awry.

Oh, but they can fill out one of those post-it "We were here" forms faster than you can put your coffee mug down and walk to the door. They're excellent at filling out those notices.

[chainsaw]

I don't use UPS anymore. They lost a package of mine several years ago and I was never reimbursed a nickle for it. Red tape was the reason I didn't pursue the matter.

[Yo-Yo]

"The company admitted that it doesn't use encryption..."

The encryption is the fact that you have to have exactly the right tape drives and mainframe computer to even read these tapes. You don't just shove 1" reel to reel tape into your A:\ drive.

[SoDak]

/bin/rm -r /usr/citibank/mycard