ADP Duped into Disclosing Data

By CIOinsight  |  Posted 07-10-2006

In the latest in a string of high-profile data disclosures, the brokerage services group of ADP (Automatic Data Processing) last week said "an unauthorized party impersonated officers" at an undisclosed number of public companies to obtain investor information between November 2005 and February 2006.

The company, based in Roseland, N.J., did not say how many companies or investors were affected.

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ADP's brokerage services division provides transaction-processing and investor communication services to financial firms.

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