Bank of Ireland: we don't understand identity theft

[waider]

Last week, the bank said that medical records, bank account details, names, addresses and dates of birth of 10,000 customers were on the laptops.
In an update, Bank of Ireland said an assessment had concluded that the risk of fraud arising from the thefts was 'very low', as the data on the laptops did not include bank account passwords, PINs or copies of signatures. (link)

This is so pig-headedly wrong I can't come up with a suitable comment. You have someone's date of birth, bank account details, name, and address? You can get some pretty funky fraud going right there, with a little ingenuity and some social engineering to grease the wheels of the process.

Comments

argh

[jmason.livejournal.com]

I hope the regulator delivers a hefty smackdown for this. Utterly negligent. I'm glad I bank with someone else!

[ronebofh.livejournal.com]

Class action lawsuit.

[(Anonymous)]

It's a pity class-action cases are not allowed here. The nearest they allow to is is that if both parties and the Court agree, some people's identical cases can be put on hold while a sample proceed to establish the outcome.