GE Money who manage credit card operations for JCPenny and other retailers, claim that they lost a backup tape containing 650000 customers private data.  Backup tapes were being held at a large backup tape storage company Iron Mountain, who were not available to comment on the issue.  It would be interesting to find out how the tapes went missing at Iron Mountain, which would further lead to the actual process resulting in this loss.

 I feel sorry for the 650000 customers whose data is out there in the wild being exploited as we read this article, which will end up costing them their personal lives, peace of mind, and financial losses.

 When will large corporations wake up and smell the F*&^ing coffee and get their acts together.