Security News > 2020 > December > UK firm NOW: Pensions tells some customers a 'service partner' leaked their data all over 'public software forum'

Workplace pension provider NOW: Pensions has emailed a number of UK customers to warn about a data leakage caused by contractor error.

NOW: Pensions did not disclose how many records were exposed, nor how many third parties copied the leaked data.

In the email issued to customers, NOW: Pensions admitted improper use of customer data is a possibility, describing it as "The worst case scenario".

In 2018, The Pensions Regulator issued the firm a £50,000 fine for failing to ensure all employee and employer contributions were promptly collected and invested.

In 2019, a Parliamentary inquiry into workplace pensions saw NOW: Pensions interrogated by MPs over investment performance concerns, with the firm forced to explain why its returns were three times lower than those of its main competitors.

News URL

https://go.theregister.com/feed/www.theregister.com/2020/12/22/now_pensions_data_breach/