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fringe: Judge Rules LifeLocks Fraud Alert Service Illegal
From: security curmudgeon <jericho () attrition org>
Date: Fri, 29 May 2009 21:01:09 +0000 (UTC)
http://www.wired.com/threatlevel/2009/05/lifelock/ Judge Rules LifeLocks Fraud Alert Service Illegal By Kim Zetter May 27, 2009 In a decision that has privacy advocates and others scratching their heads, a federal judge has ruled that LifeLock has been breaking California law for years by placing fraud alerts on its customers credit profiles. The decision is a blow to the burgeoning identify-theft protection industry, and means that companies that experience data breaches may no longer be able to offer victims free subscriptions to such services a standard damage-control tactic in recent years. Consumers can still place fraud alerts by contacting one of the three U.S. credit reporting agencies directly. Bo Holland, founder and CEO of Debix, a competitor of LifeLock, called the ruling dramatic and unexpected. It causes a real shift in the industry, he told Threat Level. [..] _______________________________________________ Dataloss Mailing List (dataloss () datalossdb org) Get business, compliance, IT and security staff on the same page with CREDANT Technologies: The Shortcut Guide to Understanding Data Protection from Four Critical Perspectives. The eBook begins with considerations important to executives and business leaders. http://www.credant.com/campaigns/ebook-chpt-one-web.php
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