Grab a cup of coffee and get ready for a jolt

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A lengthy transcript of last week's Congressional hearing on identity theft shows some startling statistics. One company singled out by a senator (but not named) is Bank of America, which lost credit card data for approximately 1.2 million cardholders, including members of Congress, by sending unencrypted tapes that were lost or stolen in transit. Of interest is the legislator's comment that it's no wonder BoA acted so cavalierly in sending sensitive data through commercial airlines. BoA execs have their own private jets and probably haven't lost any luggage lately.

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I Leave You With This

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