Industry News

ABN AMRO data on 2 million customers lost

Tape with Social Security numbers, other info lost in transit

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ABN AMRO Mortgage Group said today that a computer tape containing data of approximately 2 million residential mortgage customers was lost in transit. The company, a subsidiary of LaSalle Bank Corp., said in a statement that so far, it has no knowledge that the data on the tape has been misused. "We understand that this incident may cause concern for our customers, and we deeply regret that it has occurred," said Thomas M. Goldstein, chairman and chief executive officer of ABN AMRO Mortgage Group, in a statement. "We have begun notifying our customers and are dedicating resources to assist them and to answer any questions they may have. Although we have no reason to believe that this information has been misused, we are also informing them of steps they can take to protect themselves," Goldstein said. In addition, the company has arranged for its residential mortgage customers to enroll in a credit-monitoring service, at their choice, for 90 days at no cost to them, ABN AMRO said. O...