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OFF BEAT: Risk analyst accused of stealing former employer's confidential data

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Irony was defined when a risk management professional allegedly pilfered confidential data when she left her company.

Computershare Ltd. this week confirmed that the confidential data taken by its former employee was not shareholder data, as originally suspected, but nevertheless damaging, according to news reports.

Canton, Mass.-based investor services firm Computershare claims that former employee Kathyann Pace took sensitive company information when she did not return the company’s laptop computer after she resigned, according to a suit filed in federal court in Boston in February.

Ms. Pace was a risk analyst in Computershare’s enterprise risk management and internal audit department from 2007 to 2010, according to court documents.

The suit reportedly was filed to force Ms. Pace to return the company’s electronic equipment.

But Ms. Pace, who signed a confidentiality agreement, said she lost the portable storage thumb drive that she had copied the files onto, according to court documents.

“At no time during or after her employment by Computershare was Pace authorized to copy, transfer, download or store any Computershare information on any electronic devices owned or possessed by her,” Computershare said in the complaint.

Computershare is suing Ms. Pace for injunctive and monetary relief for violations against the Computer Fraud and Abuse Act, conversion and breach of contract.

Hopefully, the former employee did not take Computershare’s moniker literally.