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Stolen Laptop Causes Concern For Employees of Arrow Electronics, Inc.

March 23, 2010

Mid February, 2010, a laptop containing current and former employees’ personal information was reported stolen from the office of Arrow Electronics, Inc. in Melville, New York. Among the information were employees’ names, addresses, and other contact information, and in some cases, Social Security numbers and credit card numbers, coupled with security codes and their expiration dates. This included both personal and corporate credit cards.

Arrow Electronics, Inc. immediately contacted the local police to report the burglary from their office on 25 Hub Drive, and continued to follow through with required notifications and steps required to handle the security breach per state and federal laws. A letter has been sent to some 4,000 past and present employees of the company, notifying them of the incident, and included information on obtaining 12 months of free credit monitoring services on the company’s behalf.

There has been no evidence that the credit cards have been used for fraudulent purposes after the incidence, and there have been no reports of identity theft as a result of the exposed Social Security numbers, however the company is taking all necessary steps to protect those who may have been affected by this security breach.

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