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Bank of Ireland laptops stolen Print E-mail
Written by Adrie van der Luijt   
Tuesday, 29 April 2008
Laptops stolen from the Bank of Ireland last week contained data on 31,500 insurance policies.

The four laptops contained information relating to customers who either obtained a quote or took out a Life Assurance policy with Bank of Ireland Life and were stolen on 21 April.

The technical investigation has identified that details relating to 31,500 policies, policy applications and a small number of mortgage customers were contained on the stolen laptops.

Bank of Ireland said that the additional numbers arose from the identification of further files not identified at the time of the original statement on the incident issued on Monday 21 April.

The bank engaged KPMG to review the process it undertook to determine the extent of customer data held on the four laptops and said they are satisfied that the approach was both reasonable and appropriate.

The bank said it had briefed the Financial Regulator and the Office of the Data Protection Commissioner on the latest developments and would be cooperating fully with the investigation of the Data Protection Commissioner.

The risk assessment concluded that the risk of fraud arising from the theft of the information on the laptops was very low.

The data on the laptops did not include bank account passwords, PIN numbers or copies of signatures.

Bank of Ireland said that customers would be fully compensated in the event of a fraud arising as a direct result of the theft of the four laptops.

All Bank of Ireland Life laptops are now encrypted and all laptops in the Group will be encrypted by end May 2008.

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