The Government is seeking the advice of the FSA after the loss by HMRC of computer discs containing the confidential details of 25 million people.
The Government wants to understand how the personal details, which include names, addresses, national insurance as well as bank and building society numbers, can be used fraudulently. Giving a statement in the House of Commons this afternoon, Chancellor Alistair Darling also said it is in contact with banks and other financial institutions regarding the loss of the data. Chairman of HMRC, Paul Gray, resigned earlier today after news of the security breach, which happened on October 18, spread. Darling outlined the actions of HMRC and National Audit Office (NAO) staff leading up to the...
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