A follow on to the Aviva data breach story, is the report in the Independent that says:

“Aviva has been forced to set aside almost £100m after two former workers in its fund management arm breached its trading policy.   

The FTSE 100 insurer discovered the ex-employees had broken rules between 2006-2012 and has since asked PricewaterhouseCoopers to review parts of the Aviva Investors division.

Its customers have been notified and could now receive compensation.” click here to read full article

The above tale is a clear example of why we at Secure Data Recycling repeatedly warn about the dangers of poor data security.

In this particular example, the data has been taken off a current database but it could just as easily be sat on an old server.

When changing your old computers for new why do some companies worry about the minimal cost of a company such as Secure Data Recycling removing all the old data, when done badly it could lead to compensation claims of up to £100 Million.