HSBC Actuaries and Consultants

What

Loss of personal data.

How much

1,917

Why

Loss of unencrypted floppy disk in the post

Regulator

FSA

Regulatory action

Monetary penalty – £875,000

Reason for action

  • Inadequate risk analysis/assessment.
  • Ignored instructions from HSBC group following Nationwide breach

When

17 July 2009

Links

Press release on the FSA website

View PDF of the HSBC Actuaries and Consultants Final Notice (via FSA website)

View PDF of the HSBC Actuaries and Consultants Final Notice (Breachwatch archive)