"Vickery said account passwords were stored in plain text"
Helloooo! This is 2017! Wakey wakey!
Online brokerage Scottrade has admitted sensitive loan applications from roughly 20,000 customers were exposed to the world by a fumble-fingered third-party supplier. The cockup occurred when IT services biz Genpact uploaded the sensitive information to an Amazon-hosted server and didn't lock the box down – allowing its …
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SQLServer DB , plaintext and it looks like no or little security.
They should be hit with massive fines because of lax security. Note: They moved PII data in to the cloud which exposes them to more risk. Had the unsecured server been behind their firewalls, less risk of damage.
If I were a Scottrade customer, I'd start a class action lawsuit.
Yes its 2017... no excuse.
No matter how good Cloud security is, this type of clusterfuck will always exist as a risk. Bet they don't talk about that much in sales pitches to corp execs. That's why its better to exclude in-house IT from these off-sites!!!