June 18, 2006, insurance giant AIG reported it lost personal identifying information on 970,000 of its consumers as a result of a burglary that occurred nearly three months prior. The company said it was slow to report the theft to authorities because it “didn’t want to inadvertently inform the thief that he had a computer with sensitive information on it.” AIG said the data loss included Social Security numbers and personal medical notations for those seeking supplemental catastrophic medical group coverage.
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