Thursday, January 26, 2006

FTC Fines ChoicePoint Over Data Breach

An AP newswire article by Harry S. Weber, via SFGate.com, reports that:

The Federal Trade Commission said Thursday that data warehouser ChoicePoint Inc. will pay $15 million to settle charges that its security and record-handling procedures violated consumers' privacy rights and federal laws.

The FTC said it had fined the Alpharetta, Ga.-based company $10 million and that Choicepoint would pay an additional $5 million that will be used to compensate consumers.

Choicepoint had revealed last year that its massive database of consumer information was accessed by thieves.

0 Comments:

Post a Comment

<< Home