Data Theft of 35,000 T. Rowe Price Group Customers

Baltimore-based investment management firm T. Rowe Price Group Inc. had to notify about 35,000 customers that their confidential data was exposed due to theft of a computer from the offices of a third-party service provider.

The hard drives contained the names and Social Security numbers of 35,000 people who are no longer employed by companies, but still enrolled in their retirement plans, T. Rowe spokesman Brian Lewbart told SCMagazineUS.com today. The ex-workers of hundreds of companies are affected.

John Geffert, associate counsel for parent company CBIZ Inc., told SCMagazineUS.com on Wednesday that workers are supposed to keep sensitive data off the hard drive and on the local network.

“In this case, the policy may not have been followed,” he said. “We’re working with people’s recollections on what they think they may have had on the hard drive.”

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