Fergie's Tech Blog

FTC Hasn't Paid Victims of Breach at ChoicePoint

An AP newswire article, via The Boston Globe, reports that:

Nearly eight months after regulators trumpeted a settlement with ChoicePoint Inc. over a data breach, the government has not paid any money to victims from a $5 million fund that was to be set up as part of the agreement.

The Federal Trade Commission also has not yet implemented procedures for how the 800 fraud victims it has identified so far can be compensated from the fund, nor has it hired anyone to administer it , said FTC spokeswoman Claudia Bourne Farrell.

posted by Fergie @ 9/22/2006 02:10:00 PM