NU Online News Service, Aug. 24, 3:34 p.m. EDT
The United Kingdom Financial Services Authority (FSA) said it has fined Zurich Insurance plc's UK branch (ZIP UK) over ?2.28 million ($3.52 million at current exchange rate) due to the loss of personal data for 46,000 customers in 2008.
The FSA said the data lost includes identity details, and in some cases bank account and credit card information, details about insured assets and security arrangements. "The loss could have led to serious financial detriment for customers and even exposed them to the risk of burglary," the FSA said in a statement.
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