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.
posted by Fergie @ 1/26/2006 08:58:00 AM
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