Andy Hornby stung for £7000…

August 21, 2008

Accounts belonging to HBOS Bank Chief Andy Hornby, 41, who earns an estimated £1m a year, were frozen after unauthorised withdrawals of at least £7,000 from his accounts.

Awww…..Relatively speaking, that’s like most of us losing, say, 50p from our current account.

Maybe he should consider his banks internal security policies and procedures a little more carefully.

“Last year HBOS and Barclays were among 11 UK banks warned by the Information Commissioners Office to stop the then widespread practice of dumping documents related to customer accounts in bins outside their stores. Each of the banks signed undertakings to discontinue the behaviour.

The ICO audited HBOS after it emerged it may have been in breach of its promise to clean up its act. The follow-up action was triggered after BBC Watchdog discovered torn up bank statements that revealed customer names and account numbers and an untorn cheque for nearly £1,700 in a bin outside a HBOS branch weeks after the ICO’s initial warning.”

I can’t seem to find any pity for Andy anywhere.

Oh well.

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