Jul 212009
 July 21, 2009  Posted by  Breaches, Non-U.S., Surveillance, Workplace

Deutsche Bank has sacked two senior executives for spying on its board of directors and two other people.

Prosecutors, data protection officials and financial regulators are all investigating the bank for allegedly spying on its own chief operating officer, a board member, an activist shareholder and a media mogul. The bank is awaiting results of its own investigation into the incidents which took place between 2001 and 2007.

Read more in The Register.

Update: The New York Times identifies the two fired employees and provides more background and details on the breaches:

The executives fired were Wolfram Schmitt, head of investor relations, and Rafael Schenz, German security chief, a person with direct knowledge of the matter said on Tuesday. The person declined to be identified because of the sensitivity of the matter.

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