Citi has apologised to around 600,000 customers in the US after sending them year-end tax statements with their social security numbers printed on the outside of the envelopes. The bank said the mistake was the result of a 'processing error'. It insisted there was 'little or no risk' to affected customers and offered a free credit monitoring service for 180 days.
HSBC has attempted to contact all the clients of its Swiss private bank after it admitted that data affecting 24,000 current and former clients had been stolen. The bank has admitted that 15,000 existing and 9,000 former clients were affected when Herve Falciani, a former HSBC IT specialist, stole the data and passed it on to the French tax authorities.
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