Archive for the 'ChoicePoint' Category
Who Needs ChoicePoint when you have First Data
Wednesday, June 21st, 2006I used to work in the electronic payment processing industry, and was amazed at the amount of purchasing data that passed through our systems on a daily basis. My company was in a top 10 processor, with First Data Corp dominating the field. I recall seeing statistics that something like 1 in 3 credit card […]
ChoicePoint to Allow People Access, but Questions Remain
Thursday, March 31st, 2005The AP is reporting that ChoicePoint will allow consumers to access and review their personal information on file with the data aggregation company.
“You will receive the reports that we have on you,” Don McGuffey, the firm’s vice president for data acquisition, told the state’s Senate’s Banking, Finance and Insurance Committee on Wednesday.
This is a promising […]
ChoicePoint to give up some personal data sales
Saturday, March 5th, 2005Finally, an encouraging development from the ChoicePoint fiasco. InfoWorld reports that ChoicePoint will stop selling sensitive consumer data to many of its customers, except when that data helps complete a consumer transaction or helps government or law enforcement. Perhaps an end is near for the market of selling personal consumer information (including social security & […]
Choicepoint’s CISO Interview & “Social Hacking”
Tuesday, March 1st, 2005ChoicePoint’s CISO, Richard Baich, is interviewed by SecuritySearch.com, where he makes his case that the ChoicePoint fiasco is not a security or hacking issue:
This is not an information security issue. My biggest concern is the impact this has on the industry from the standpoint that people are saying ChoicePoint was hacked. No we weren’t. This […]
Bruce Schneier on ChoicePoint
Thursday, February 24th, 2005 Bruce Schneier provides his thoughts on the ChoicePoint fiasco, noting that until companies like ChoicePoint are forced to absorb (financially) the full costs of ID theft, they’ll continue to treat our personal information merely as a commodity:
Identity theft is the fastest-growing crime in the U.S., and an enormous problem elsewhere in the world. It’s […]
ChoicePoint Victims Could Lose Twice
Thursday, February 24th, 2005Wired News reports that citizens who fall victim to ID theft becuase of the ChoicePoint debacle will find it difficult to recover damages for their losses if they decide to seek recourse against ChoicePoint:
Legal experts say that people who suffered losses as a result of the breach will find it difficult to get compensation from […]
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