More lost information out there

Just found out that my name is on a list of lost information by Texas Guaranteed Student Loan Corporation.:mad:
I am soooo tired of these companies playing footloose with our personal information.
Anyway, in the process of confirming that my name was on the list, I asked who was responsible.
It appears a third party contractor that our state was using is at fault (convenient).
The company is Hummingbird--I am interested to know what kind of track record this company has of losing personal information.
Anyone familiar with the company?

http://www.hummingbird.com/press/2006/texas_guaranteed.html
>>>snip
Toronto – May 31, 2006 - Hummingbird Ltd. (NASDAQ: HUMC, TSX: HUM), a leading global provider of integrated enterprise content management (ECM) and network connectivity solutions today announced that it has notified The Texas Guaranteed Student Loan Corporation (TG) that a Hummingbird employee has lost a piece of computer equipment containing names and social security numbers of a portion of TG’s customer base. The data was made available to Hummingbird as part of an ongoing engagement to customize and implement a document management system for TG.

Seems this is happening with a lot more frequency.

http://www.out-law.com/page-6977

snip//

Meanwhile, a lost laptop has caused data on 243,000 Hotels.com customers to be lost. The website and Ernst & Young informed customers by letter of the loss.

"Recently, Hotels.com was informed by its outside auditor, Ernst & Young, that one of Ernst & Young's employees had his laptop computer stolen," Hotels.com wrote in its letter to customers. "The computer contained certain information about customer transactions with Hotels.com and other sites. This information may have included your name, address and some credit or debit card information you provided at that time."

The error is unlikely to bolster Ernst & Young's security credentials. It announced just days ago that it was launching a fraud investigations service on a global scale, bringing together over 1,000 specialist professionals.

Reports in recent weeks have revealed that Ernst & Young has lost machines with data on people connected with Sun, IBM, Cisco, BP and Nokia.

http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1149198612573&call_pageid=968350072197&col=969048863851

OOPS?

Oops. . .Hummingbird admits privacy breach on eve of merger
Lost 1.3 million U.S. ID numbers
No evidence cache stolen for misuse
Jun. 2, 2006. 10:21 AM
TYLER HAMILTON
BUSINESS REPORTER

Toronto software provider Hummingbird Ltd. has found itself at the centre of an embarrassing privacy accident involving the social security numbers of 1.3 million American students.

Hummingbird disclosed on Wednesday night that one of its employees lost a piece of computer equipment that contained the names and social security numbers of customers who borrowed funds from Round Rock, Tex.-based Texas Guaranteed, a non-profit company that administers a U.S. family education loan program.

"The privacy of customer data is of utmost importance to us and we take our responsibility to safeguard it very seriously. We deeply regret that this incident has occurred," Barry Litwin, Hummingbird's president and chief executive, said in a statement.

more...

Is that some of these loans have been paid off for more than 20 years.
So why do they still have our information in their database?