Riggs Bank to Pay $8 million to Pinochet Victims

Published on:
12 September 2006 at 10:19 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00000994-riggs-bank-to-pay-8-million-to-pinochet-v/

Bank of America Corp. said on Friday tapes containing information on 1.2 million federal employee credit cards, among them U.S. senators, were lost in transit, potentially exposing them to theft or hacking.

The bank said a “small number” of computer data tapes were lost during a shipment to a backup data center and that federal authorities are investigating.

“The investigation to date has found no evidence to suggest the tapes or their content have been accessed or misused, and the tapes are now presumed lost,” Bank of America said.

For this complete story, please visit Riggs Bank to Pay $8 million to Pinochet Victims.

Riggs Bank to Pay $8 million to Pinochet Victims

Unknown Author

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