Despite iPhone address books being transferred over SSL, and the data only being used to notifications when friends signed up, Path has apologized profusely and wiped any personal information from their servers.
Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/5UJ9NneGzGE/story01.htm
ELPIDA MEMORY EMC FIDELITY NATIONAL INFORMATION SVCS FISERV
