An administrator working for the Federal Trade Commission is mailing checks to 14,023 consumers who were victims of ChoicePoint’s alleged failure to implement a comprehensive information security program to protect consumers’ personal information, as required by a previous court order. As a result, in the spring of 2008, an unauthorized person accessed its database and…
Author: Dissent
LA: Credit card fraud investigation centers in Natchitoches Parish
KSLA reports that another restaurant has been hacked. In this case, it’s reportedly the Japanese Sushi Bar & Grill: Reportedly the Japanese Sushi Bar & Grill, located in Natchitoches has become the latest victim of hacking. Upon investigating, detectives have learned that someone allegedly got into the server they use to process credit card transactions….
Pointer: Are People Really Harmed By a Data Security Breach?
Privacy law scholar Daniel Solove has a great opinion piece, inspired, in part, by the Maine Supreme Court ruling in the Hannaford Bros. case. Dan writes, in part: There are at least three general bases upon which plaintiffs argue they are injured by a data security breach: 1. The exposure of their data has caused…
(update) Two arrested in Roseville restaurant credit card scam
Sam Stanton reports: At least two people have been arrested in connection with the credit card scam pulled at Paul Martin’s American Bistro in Roseville, police said today, but the suspects are considered minor players and the ringleaders may be operating overseas. Read more on SacBee.com
FDIC Requires Banks to Adopt Policies on Disposal of Information Stored on Office Equipment
Elizabeth Khalil writes: On September 15th, the Federal Deposit Insurance Corporation (FDIC) issued guidance(Financial Institution Letter FIL-56-2010, “FDIC Guidance on Mitigating Risk Posed by Information Stored on Photocopiers, Fax Machines and Printers”) urging banks under its supervision to ensure that they have written policies for the erasure or destruction of sensitive or confidential customer information stored in photocopiers, fax machines,…
I’ll Take 2 MasterCards and a Visa, Please
Brian Krebs writes: When you’re shopping for stolen credit and debit cards online, there are so many choices these days. A glut of stolen data — combined with cutthroat competition and innovation among vendors — is conspiring to keep prices for stolen account numbers exceedingly low. Even so, many readers probably have no idea that…