CIBC Loses 470,000 Private Client Files
CIBC is the latest major company to lose sensitive customer data, making 470,000 clients vulnerable to dreaded identity theft.
The bank announced Thursday that a file being transported between Montreal and Toronto went missing while in transit.
The file in question contained sensitive information like Social Insurance numbers, signatures and account numbers of both current and former clients of Talvest Mutual Funds.
This is the second big firm security breach announced Thursday, after TJX companies - parent to Winners and HomeSense - admitted to hackers compromising their large customer database.
