HSBC has confirmed that a former employee stole client data, but has said that the number of records stolen was in the single digits.

“The theft highlights ongoing problems that companies often have with their own employees, who may steal sensitive data for later profit or revenge before their employment is terminated,” writes Computerworld’s Jeremy Kirk.

“The records were stolen around the end of 2006 or in early 2007 by an employee who worked in the IT department, according to an HSBC spokesman,” Kirk writes.

Click here to read the Computerworld story.