Feeds

IT exec accused of $10m backup tape theft

800,000 virtual wallets

Maximizing your infrastructure through virtualization

A former IT executive for a Canadian marketing firm has been accused of taking a computer backup tape containing personal information of 3.2 million customers that could net as much as $10m on the black market, according to court records.

Nick Belmonte, who earned $150,000 as vice president of IT for Vancouver-based C-W Agencies, recently ordered an employee to deliver three backup tapes to his office for copying. When the employee returned later, only two tapes were found. In addition to names and other details, the missing tape contained credit card and bank account information of more than 800,000 customers.

"The information in the customer library is highly confidential to the plaintiff and its clients," a C-W executive wrote in an affidavit filed in court, according to The Vancouver Sun. "If the customer library data is sold, it cold have a devastating effect on CW's business and that of CW's clients worldwide."

After being accused of the theft, Belmonte went on leave.

It's unclear how many CW customers have been notified that their data has gone missing. US-based businesses are required to give such notifications to customers located in any one of 44 states, and presumably similar laws exist in Canada as well. Executives have known of the alleged theft since at least November 4. A CW employee hadn't returned a message seeking comment by the time of publication.

Attempts to reach Belmonte were unsuccessful. We'll be sure to update this story if either party gets back to us.

The episode is the latest to shine a light on the informal structure of IT departments that store detailed records on millions of us all over the world. While banks, hospitals and many types of businesses are required to follow basic security measures protecting records, plenty of others, ubiquitous marketers among them, are not. ®

The Power of One eBook: Top reasons to choose HP BladeSystem

More from The Register

next story
Sysadmin Day 2014: Quick, there's still time to get the beers in
He walked over the broken glass, killed the thugs... and er... reconnected the cables*
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
SHOCK and AWS: The fall of Amazon's deflationary cloud
Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
VVOL update: Are any vendors NOT leaping into bed with VMware?
It's not yet been released but everyone thinks it's the dog's danglies
BlackBerry: Toss the server, mate... BES is in the CLOUD now
BlackBerry Enterprise Services takes aim at SMEs - but there's a catch
The triumph of VVOL: Everyone's jumping into bed with VMware
'Bandwagon'? Yes, we're on it and so what, say big dogs
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.