Wednesday, July 25, 2007

Fidelity National Widens Scope of Data Theft

Via CNN (AP).

Fidelity National Information Services Inc. believes a former employee stole 8.5 million consumer records from the check authorizing company, more than 3 times the original estimate, according to a regulatory filing Wednesday.

In Wednesday's Securities and Exchange Commission filing, Fidelity said about 5.7 million of the records included checking account information and about 1.5 million included credit card records.

The new estimate is an increase of about 3.5 million checking account records and about 1.4 million credit card records over original projections. The company said it continues to believe that the records were only used for marketing purposes.

Fidelity National said it has also determined that some of the stolen credit card information was derived from its credit card issuance business.

The company said more records may be identified as the investigation continues.

More here.


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