Wednesday, August 30, 2006

Bank To Pay $50 Million For Buying Personal Data

K.C. Jones writes on TechWeb News:

A bank has been ordered to pay a $50 million settlement for buying more than 650,000 names and addresses from the Florida Department of Highway Safety and Motor Vehicles.

The Electronic Privacy Information Center, which filed an amicus brief in favor of the plaintiffs, announced the decision this week. EPIC said Fidelity Federal Bank & Trust bought 656,600 names and addresses for use in direct marketing and the purchase violated the Drivers Privacy Protection Act.

More here.

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