What legal liability do bank employees have regarding the release of private information?
Pascha asked:
If a bank employee is careless about how he/she treats the private information of customers, so as to increase the risk of identity theft, or if a bank employee himself or herself takes a job simply to get such information, what are the legal penalties?
This entry was posted
on Monday, May 31st, 2010 at 12:00 am and is filed under Law & Ethics.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
If a bank employee is careless about how he/she treats the private information of customers, so as to increase the risk of identity theft, or if a bank employee himself or herself takes a job simply to get such information, what are the legal penalties?
June 2nd, 2010 at 1:53 pm
I think nobody can release private information. sameera Sameera
June 3rd, 2010 at 8:41 pm
well, if the bank employee takes the job just to get information, it depends on how they intend to use it. taking the job purely to obtain such information is not in any way shape or form illegal. but some of the things they could do with it are.
as for legal liability, if the customer suffers from identity theft and can prove it was a result of the employees negligence, the BANK could be held liable under the tort of negligence. the bank, not the bank employee, its called vicarious liability. peterpan