A former city broker who remained anonymous made the problem public by sending a memory stick with 2000 such records to a big news publication agency on Sunday. Last night an urgent investigation was launched to determine if and how the details were stolen. Barclays will co-operate with the police and if it will be found guilty of putting its customers' details at risk then the bank could face big fines.
On the black market the compilation of the 27000 bank records is considered a real gold-mine as these details can be used in investment scams. Thus the information can be exploited to convince the victims into dodgy schemes or other questionable investments. Barclays declared that it will contact all affected customers as soon as possible. The leak is a breach of Barclays obligation to keep personal information private and secure according to the Data Protection Act.