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In a blunder that qualifies for the “Oops!” of the week, GE Money announced that the personal knowledge of 650,000 card holders can’t be found. that includes by 150,000 social shield numbers. The info was stored on a tape and left in the care of details storage company Iron Mountain Inc. There are no records to indicate that anyone checked out the tape; it just can’t be found.

A spokesman for GE Money said that credit card holders of Penney and up to one hundred other major retailers could be affected. It took two months to reconstruct the tape and discover the names of all customers

involved. GE Money has been sending out warning letters since December, but some card holders have complained that the letters looked too much like credit card offers, and were thrown away. Regardless, GE Money has agreed to foot the bill for twelve months of credit monitoring for customers whose social protection numbers were stolen.

According to the Identity Theft Resource Center, 125 million customer records were compromised last year in the U.S. that was a six-fold increase from 2006. Hopefully GE Money’s tape will be found safe and secure, and its contents won’t add to that already staggering statistic.

Orginal post by janna