Neiman Marcus reported this week that personal information from 160,000 current and former employees fell into the wrong hands earlier this month when one of its computers was stolen from a third-party contractor working on the company’s pension plan.  Names, addresses, Social Security numbers and the like were among the sensitive information stolen for the period ending August 30, 2005.  Employees hired after that date were not affected.

Neiman’s has contacted all the employees whose information was jeopardized and has offered to pay for free credit monitoring for a year.

There’s nothing like taking every precaution to safe guard the information in house, only to have it fall into the wrong hands elsewhere, huh?