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SUMMARY

Client account information accidentally disclosed to 2 unauthorized firms
Records	1,005
Record Types	NAA ACC
Breach Type	Web
Data Family	Electronic
Source	Inside - Accidental
Organization	Bear Stearns & Co Inc
Other Affected/Involved Organizations	None
Lawsuit?	NO/UNKNOWN
Data Recovered?	NO/UNKNOWN
Arrest?	NO/UNKNOWN
Submitted By:	pi3rce

Date	Event
2004-06-01	Incident Occurred
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2008-05-08	Incident Discovered By Organization
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2008-08-06	Organization Reports Incident
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2008-08-06	Organization Mails Notifications
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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: New York, NY, USA
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No known costs for this incident.

Ponemon Institute Direct Costs Estimate ¹

$60,300.00

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.

add details to this primary source Description
New York breach notification: Bear Sterns - client information accidentally was viewable by 2 unauthorized firms. 442 NY residents potentially exposed.
Filename	Source	Researcher	Incident IDs
Bear-Stearns-Securities-FS-1.pdf	New York State Consumer Protection Board	cwalsh	<a href='/incidents/show/2872'>2872</a>
Records	File Date	Uploaded	Updated
442	2008-08-06	2010-01-22	07 Jun 17:36
Excerpt
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