Rochester,NY 8/15/2009 12:29:46 AM
News / Business

American Express Company ., AXP - Amex cardholders' data stolen by employee

Some American Express card members' accounts may have been compromised by an employee's recent theft of data.American Express Co. spokeswoman Susan Korchak said a "relatively small portion" of card members was involved, but declined to be more specific. The former employee has been arrested and the company is investigating how the data was obtained


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The company is in the process of notifying affected card members by letter. In one such letter sent last week, American Express Privacy Officer Alfred Silipigni said he was informing the member of "an unfortunate issue" concerning his card.American Express declined to disclose any more details about the incident beyond what was in the letter. The company has put additional fraud monitoring and protection controls on the accounts at issue.


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