Three HSBC firms have been fined more than £3m for failing to adequately protect customers' confidential details from being lost or stolen. The Financial Services Authority (FSA) said customer data had been lost in the post on two occasions. The firms concerned are HSBC Life UK, HSBC Actuaries and Consultants, and HSBC Insurance Brokers. HSBC said it regretted the breaches, adding that no customer had reported any loss from these failures.

Original Article