ABN Amro ditches tapes

ABN Amro Mortgage Group Inc. has decided it will no longer send data tapes to its credit reporting bureaus after one of those tapes -- with the private information of more than 2 million customers on it -- went missing a month ago (see "Update: Missing ABN Amro tape with 2 million names found").

Instead, according to ABN Amro Mortgage Group CEO Thomas Goldstein, the company will encrypt data and send it over secure networks when possible. Otherwise, it will use special couriers in an effort to avoid another tape loss.

Click on the image above to view ABN Amro fax sent to the 2 million affected customers.

CATEGORIES: 1encryption, 1victim, 1data loss