Tuesday, November 29, 2005

Investors exposed in brokerage hack

St. Louis-based Scottrade, one of the nation's largest private online stock brokerage houses, has alerted its customers that a hacker break-in may have compromised the security of an untold number of accounts. The company did not disclose how many of its 1.3 million customers may have been affected, but noted that the breach likely only affects those customers who used its eCheck Secure service to transfer money from their bank account to their Scottrade investment accounts.

The company put the blame on its eCheck Secure service provider -- Troy Group Inc. -- which reported that on Oct. 25 a computer hacker had compromised its servers: "As a result, some of your personal information, including your name, driver's license or state ID number, date of birth, phone number, bank name, bank code, bank number, bank routing number, bank account number and Scottrade account number may have been compromised," Scottrade said in a statement on its site.

That's a lot of personal data and clients can't be too charmed, regardles of who gets blamed for the oversight.

CATEGORIES: 1hack, 1id theft, 1breach, 1disclosure
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