Canada Dashboard Digest

CIBC to Compensate Customers

DATA LOSS

March 5, 2010

The Canadian Imperial Bank of Commerce will compensate customers whose personal information was mistakenly sent to businesses in the U.S. and Quebec, reports the Ottawa Citizen. A Toronto judge approved the deal this week, settling a class-action lawsuit filed by customers whose names, social insurance numbers, account numbers and balances, addresses and signatures were exposed in faxes the bank sent to Allstar Sports Line Ltd between 2001 and 2004, according to the report.
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