Fergie's Tech Blog

FTC Settles Data Security Case With Real Estate Firm

Grant Gross writes on InfoWorld:

Nations Holding Co. (NHC), a real-estate firm operating in 44 U.S. states, has settled a data security case after the U.S. Federal Trade Commission (FTC) accused it of allowing a common Web attack to compromise customer data, the FTC announced Wednesday.

The FTC also accused NHC and its Nations Title Agency (NTA) subsidiary of disposing of home-loan applications containing customers' personal data by throwing them into a public dumpster.

NHC, a privately held company in Kansas City, Kansas, must improve its information security practices and submit to biennial audits of its security practices for the next 20 years under the FTC settlement, FTC chairwoman Deborah Platt Majoras said. The settlement bars the company and owner Christopher Likens of making deceptive claims about privacy and security policies.

posted by Fergie @ 5/10/2006 11:27:00 AM