Who's Guarding Your Data in the Cybervault?
Jon Swartz and Byron Acohido write in USA Today:
In a remarkable turnaround, ChoicePoint, the giant data broker excoriated two years ago for its lack of precautions as it went about gathering and selling personal data, has recast itself as a model corporate citizen.More here.
California's milestone data-theft disclosure law forced ChoicePoint in February 2005 to reveal that it had sold sensitive information for at least 166,000 people to a Nigerian con artist posing as a debt collector. The Federal Trade Commission hit ChoicePoint with a record $10 million fine and ordered it to set aside $5 million to aid data breach victims.
The once-obscure data broker, tucked away in a nondescript business park 20 miles north of Atlanta, also embraced extensive reforms. The result: ChoicePoint is regarded by a dozen leading privacy advocates interviewed by USA TODAY as the most responsible company among dozens in the lightly regulated, fast-growing field of aggregating and selling sensitive information.
posted by Fergie @ 4/01/2007 04:43:00 PM
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