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Drones over U.S. may pose security risks
GENEVA, Switzerland, March 11 (UPI) -- HSBC Private Bank in Switzerland said Thursday a data theft previously revealed to include fewer than 10 clients, in fact involved 24,000 clients.
The theft occurred in October 2006, but was not discovered by the bank until December 2008, The Times of London Online reported.
The bank said Thursday the stolen data involved 15,000 active accounts and 9,000 inactive accounts and that it was contacting Swiss account holders, which the bank said were the only ones affected.
Since 2008, the HSBC has invested $93 million in upgrades to its security system. In July 2009, three insurance companies owned by the bank were fined $4.5 million for using inadequate data security systems.
The theft, allegedly perpetrated by former information technology employee Herve Falciani, has sparked some international controversy after French tax authorities seized the files for tax investigation purposes, The Times said.
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