Zurich UK fined £2.3m
The Financial Services Authority has fined the UK branch of Zurich £2 275 000 following the loss of a back-up data tape in South Africa containing information relating to a number of its general insurance customers.
The fine is the highest levied to date on a single firm for data security failings.
Post reported in October last year that Zurich's high net worth clients had fallen victim to the data loss.
The FSA
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