Bank of America Suffers Massive Data Breach, Exposing Social...

Tens of thousands of Bank of America customers are now at risk of being targeted for identity fraud after a massive security failure exposed their critical personal information. A data breach notification filed in Maine says 57,028 customers at Bank of America were exposed due to a failure at Infosys McCamish Systems (IMS), an insurance business process solutions provider that the bank was using. A notification letter from IMS says data related to one of Bank of America's deferred compensation plans were accessed, which contain virtually everything a hacker needs to steal someone's identity. "It is unlikely that we will be able to determine with certainty what personal information was accessed as a result of this incident at IMS. According to our records, deferred compensation plan information may have included your first and last name, address, business email address, date of birth,...