BNY Mellon Loses Account Holder Data on Tape
I just received a letter notifying me that tapes containing data with my information on it were "lost" by BNY Mellon’s archive services vendor. I figured I would make mention of this because it is somewhat technical. I would assume that they are using some sort of encryption routine to protect the data on the tapes. Chances are that these tapes were lost or misfiled. Who knows. The data is most likely unrecoverable but it just goes to show… Even the big boys make mistakes. They do, however, graciously offer 90 days of service from a credit monitoring company. Thanks BNY Mellon!