Payroll details of 100,000 Morrisons staff published on web

http://www.dailymail.co.uk/news/article-2580925/Morrisons-data-theft-sees-payroll-details-100k-staff-stolen-published-web.html

Morrisons staff are feared to be at risk from fraudsters after their bank account details were stolen and published online, it emerged today.
The firm launched an investigation after information about 100,000 employees was apparently leaked by an insider and posted on the internet.

Undoubtedly if any person is impersonated using this information it will disrupt and inconvenience them but any financial loss will be borne by the company doing business with the fraudster. They may try to contend otherwise, but it's their responsibility to have rigorous procedures to protect themselves and instances like this only demonstrate that merely happening to be able to provide information is not a method of identifying a person in itself.

This information will be used to defraud those institutions with the most lax procedures.

If a criminal can exploit insecure and compromised databases of employee/customer details (and there are a lot of these around) and make use of them through financial institutions with lax procedures, it's a recipe for disaster.