Federal Court Slaps Data Theft Victims

["Paul Ferguson" <fergdawg () netzero net>]

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Via Threat level.

[snip]

Tens of thousands of Old National Bancorp customers whose personal and
financial information was hijacked by a computer hacker cannot recover
damages from the Indiana banking institution who lost the data in 2005, a
federal appeals court ruled Thursday.

In dismissing a proposed class action against Old National Bancorp, the 7th
U.S. Circuit Court of Appeals said damages were unavailable to victims of
data theft if those victims did not suffer economically.

[snip]

More:
http://blog.wired.com/27bstroke6/2007/08/federal-court-s.html

- - ferg

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--
"Fergie", a.k.a. Paul Ferguson
 Engineering Architecture for the Internet
 fergdawg(at)netzero.net
 ferg's tech blog: http://fergdawg.blogspot.com/


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