BofA Accused Of Leaving Customers' Data Unprotected

Law360, New York (August 3, 2011, 9:55 PM EDT) -- Bank of America Corp. and several foreign subsidiaries were hit with a putative class action Wednesday in Washington federal court claiming the bank fails to protect its customers' electronic data when it transfers calls overseas.

When BofA transfers a customer service call to a foreign subsidiary, electronic data transmissions, including financial information, “received by and sent from that foreign national are not protected against U.S. government intrusion by the Fourth Amendment to the United States Constitution or the laws of the United States,” according to the...
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