GE Loses Consumers' Personal Records

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GE Money, a unit of General Electric that handles credit card operations for J.C. Penney and other retailers, says a computer tape has gone missing, and it has the personal information of about 650,000 customers. The loss includes social security card numbers for about 150,000 people. Since the tape went missing last October, GE Money has been notifying customers and telling them to phone a special call center. It's paying for a year of credit-monitoring service for people whose Social Security numbers were on the tape. The incident comes as data loss and theft skyrocket. A group that tracks this says that last year the number of records reported to be compromised jumped six fold.



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