Welcome
State Street has begun sending precautionary notifications to employees and customers of the former Investors Bank & Trust Company (“IBT”) that computer equipment containing certain personal data was stolen from a vendor’s facility. IBT had engaged the vendor for legal support services. State Street, which acquired IBT in 2007, has been working with law enforcement authorities and has also conducted its own analysis of a copy of the data in question.
There is no evidence to date to suggest that the data has been misused or that legacy State Street customers and employees are impacted.
As a precaution, State Street is notifying legacy IBT employees and certain legacy IBT customers that have been identified as having certain personal data on the stolen equipment. Consequently, if a legacy IBT customer or employee does not receive a notice, we have not identified their personal data on the equipment. Customer and employee notifications began May 29 and are expected to be completed shortly.
State Street deeply regrets any concerns or inconvenience this issue has caused the customers or employees that joined State Street as a result of the IBT acquisition.