Merrill Lynch Quiet on Reported Security Breach

Charlie Gasparino from CNBC is reporting a major data breach at Merrill Lynch:

“According to sources, the device contained sensitive personal information, including Social Security numbers, about some 33,000 employees of the financial firm.”

link: Merrill Lynch ID Theft May Affect 33,000 Employees

This would be a data base ‘goldmine’ for identity theft. Not only are the Social Security numbers compromised, but the people on that data base are employees of a brokerage firm. Therefore, most likely, their financial history is good. That is an ideal situation for identity theft.

Catherine Forsythe

[tags]merrill lynch, data breach, security, privacy, identity theft, charlie gasparino, employees[/tags]