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[Dataloss] Article: Another reason for data laws

From: lyger (lygerattrition.org)
Date: Fri Nov 10 2006 - 09:35:41 CST


David Lazarus
San Francisco Chronicle
Friday, November 10, 2006

As rental-car giant Hertz prepares to go public next week, the company
seems to be having an unusually difficult time keeping confidential info
under wraps.

In a regulatory filing on Wednesday, Hertz Global Holdings said it had
dropped Deutsche Bank from its underwriting team after "several e-mails"
discussing the $1.5 billion initial public offering were inadvertently
sent by the bank to about 175 institutional clients.

Meanwhile, the names and Social Security numbers of an undisclosed number
of Hertz workers were found last month on the home computer of a former
employee of the company.

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