U.S. Federal Trade Commission announces settlement related to data security

This just in: The U.S. Federal Trade Commission (FTC) announced today that ChoicePoint, Inc., which “acknowledged last year that the personal records of more than 163,000 consumers in its database had been compromised,” will pay substantial civil penalties. Deborah Platt Majoris, the Chairman of the FTC, stated in Commission’s press release today: “The message to Choicepoint and others should be clear: Consumers’ private data must be protected from thieves.”
The FTC stated that Choicepoint… “will pay $10 million in civil penalties and $5 million in consumer redress to settle Federal Trade Commission charges that its security and record-handling procedures violated consumers’ privacy rights and federal laws.”…

Original post by blog@rsa.com (Shannon Kellogg) and software by Elliott Back

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