A laptop containing information on 6,500 investors' accounts, including Social Security numbers in some cases, was stolen in late May at Old Mutual Capital, The Wall Street Journal reports. The company sent letters to all of the investors informing them of the theft and giving them access to a credit report monitoring service for a year. In addition, Old Mutual told the clients that it has since installed additional security measures on all of its clients' accounts.
So far, there have been no signs of any fraudulent activity in the affected accounts, an Old Mutual spokesman said.
The theft comes on the heels of another laptop stolen from a Fidelity Investments employee in March. That laptop contained 401(k) and pension account information on 196,000 employees at Hewlett-Packard.
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.