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follow-up: Tentative settlement in Certegy data breach
From: lyger <lyger () attrition org>
Date: Tue, 18 Mar 2008 17:10:56 +0000 (UTC)
http://www.scmagazineus.com/Tentative-settlement-in-Certegy-data-breach/article/108088/ A proposed legal settlement by Certegy Check Services, which lost the personal financial information of millions of Americans last fall in an insider-related data breach, is a "mixed bag" that falls short of protecting the victims, security analysts told SCMagazine US.com. The tentative settlement between Certegy and class-action lawyers is now under review by U.S. District Court Judge Steven D. Merryday in Tampa, Fla. If accepted, it would offer only partial help to some of the 8.4 million customers whose personal information was stolen by a Certegy employee over a five-year period. Under terms of the agreement, Certegy would offer credit and bank account monitoring, identity theft reimbursement capped at $4 million, reimbursement of some credit monitoring fees, and enhanced security. The settlement calls for Certegy to give consumers a free one-year subscription to Experian's Triple Alert, a $4.95 monthly service that monitors credit reports for evidence of fraudulent activity. The plan limits those eligible to about 1.25 million consumers whose credit card or debit card information was stolen. [...] _______________________________________________ Dataloss Mailing List (dataloss () attrition org) http://attrition.org/dataloss Tenable Network Security offers data leakage and compliance monitoring solutions for large and small networks. Scan your network and monitor your traffic to find the data needing protection before it leaks out! http://www.tenablesecurity.com/products/compliance.shtml
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- follow-up: Tentative settlement in Certegy data breach lyger (Mar 18)