Comments on: Banks to blacklist rogue workers in fraud fight

Database could help banks avoid hiring financial services employees sacked for leaking consumer data or knowingly causing losses.

Is This Legal?

I sure wouldn't want to be the guy at the bank
who puts names into this database. There have
been anti-blacklist laws for about 100 years.

Only if a person has actually been convicted
of a fraud-releated crime would this sort of
thing be allowed, under current law. . .

[heystoopid]

waste of time

Like all lists, it is obsolete as soon as it is written! The only crime here, is that all honest customers are charged extra in higher fees and charges to compensate the organizations lack of integrity to adequately maintain data and customer security at all times. The old story, you pays your money, and you get what you pays for!, no more no less!

[hunter351]

Who all wiill this include?

I know people automatically judge an individual for saying that a "friend" might show up on this list, but this is the case for me. He was "let go" back in 2001 for taking money from his cash drawer. The bank he worked for did not charge him with anything, but will this sort of thing show up on this list.