Time Warner Inc., the world’s largest media company, said computer tapes containing personal information on 600,000 current and former employees were lost, Bloomberg News reports.
A container with 40 back up tapes disappeared on March 22 as they were being transported to a data-storage facility run by Iron Mountain Inc., New York-based Time Warner spokeswoman Kathy McKiernan said today.
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An investigation hasn’t yet determined if the tapes have been accessed or misused, said Time Warner, which currently employs
85,000 people worldwide.
This is the second largest loss of personal data after Bank of America Corp. said in February it lost data on about 1.2 million federal government charge-card accounts, said Marc Rotenberg, executive director at Washington-based Electronic Privacy Information Center.
The lost tapes have data on compensation and retirement on former and current employees from all of Time Warner’s divisions, McKiernan said. The tapes have no information on Time Warner’s customers, she said.
