According to CNN, the account information of Bank of America Corp. and Wachovia Corp was sold on the black market to aliased man "Orazio Lembo." Arrests have been announced and the investigation is under way, and the banks are working to rapidly notify customers that may be impacted by the event. CNN reports that the Hackensack, N.J. Police Chief "says the number of accounts breached may top 1 million." Such a large breach would place this catastrophe at the top of the charts for the largest bank security breach in history.
