Week 7- TD Bank data breach hits 260,000 customers

Another insider threat has occurred  at TD Bank in Jacksonville where unencrypted backup tapes have been misplaced affecting over 260,000 customers.  The backup tapes contained customers social security numbers and account information.  Incidents such as this make you wonder if your personal information really protected.  Not only do we have to worry about protecting our own information but we also have to worry about how business are protecting our information.  How do you misplace unencrypted tapes?  What kind of security procedures do they have in place to protect against this kind of incident? Do they contain measures for keeping and storing backup takes? The story can be found at: http://www.bizjournals.com/jacksonville/news/2012/10/15/td-bank-data-breach-hits-260000.html