Bank Security Stank - Databanks Shrank

During the past year, banks have lost more of their customers' personal data than ever before. Countrywide Financial may have become a poster child for U.S. financial institutions ruined by poisonous subprime loans--but junk assets, it turns out, weren't the only element of Countrywide's inner workings that were rotten.

So, allegedly, was one senior financial analyst in the company's subprime mortgage division. According to the reports of FBI officials who arrested him in August, 36-year-old Rene Rebollo spent his Sunday nights last summer copying a total of more than 2 million of Countrywide's customer records to a flash drive and selling the data to identity thieves. Rebollo's case isn't as unique as banks would like to believe... (more) (slide show)