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SUMMARY

Employee of outsourced data processing unit accessed confidential information and transmitted it to criminal associates in the U.K.
Records	20
Record Types	ACC
Breach Type	Fraud Se
Data Family	Unknown
Source	Inside - Malicious
Organization	Unknown Organization
Other Affected/Involved Organizations	HSBC Holdings plc
Lawsuit?	NO/UNKNOWN
Data Recovered?	NO/UNKNOWN
Arrest?	NO/UNKNOWN
Submitted By:	Anonymous

Date	Event
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2006-06-27	Organization Reports Incident
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None. Add Data	Records Recovered
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None. Add Data	Lawsuit Filed
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None. Add Data	Arrest Made
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Address: UK
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No known costs for this incident.

Ponemon Institute Direct Costs Estimate ¹

$1,200.00

Note that these estimates are based on the Ponemon Institute's 2009 direct costs figures from their 2009 Annual Study: Cost of a Data Breach. We multiply $60.00 by the number of records to obtain this figure. Keep in mind that depending on the breach, the direct costs are not always suffered by the breached organizations. In the case of credit card number breaches, the direct costs can often be suffered by banks and card issuers. Also note that this is only an estimate.