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Pr!v4cy 6109

Girma Nigusse

U.K data breach could cost banks $500M, says Gartner

Tuesday, November 27, 2007

U.K data breach could cost banks $500M, says Gartner: "Banks in the U.K. could end up spending upwards of $500 million to deal with the aftermath from the recent loss of computer disks containing bank account and other personal data belonging to about 25 million people, according to analyst firm Gartner Inc. "

Source: computerworld

This entry was posted on Tuesday, November 27, 2007 at 15:02. You can skip to the end and leave a response.

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"As every man goes through life he fills in a number of forms for the record, each containing a number of questions . .. There are thus hundreds of little threads radiating from every man, millions of threads in all. If these threads were suddenly to become visible, the whole sky would look like a spider's web, and if they materialized as rubber bands, buses; trams and even people would all lose the ability to move, and the wind would be unable to carry torn-up newspapers or autumn leaves along the streets of the city. They are not visible, they are not material, but every man is constantly aware of their existence... Each man, permanently aware of his own invisible threads, naturally develops a respect for the people who manipulate the threads.

—Alexander Solzhenitsyn

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Privacy Blog, Since 2007

Pr!v4cy 6109

U.K data breach could cost banks $500M, says Gartner