Via
ComputerWorld:
ChoicePoint says data theft cost it $6M
Linda Rosencrance
JULY 21, 2005
Credit and personal information vendor ChoicePoint Inc. took a $6 million charge in its second quarter, which ended June 30, citing costs associated with the theft of personal information on 145,000 consumers, the company said yesterday. The $6 million was used for legal expenses and other professional fees related to the data theft, Alpharetta, Ga.-based ChoicePoint said in a statement...
More details on where the $6 million went what future safe-guards we can expect from Choicepoint and other data aggregators can be found in the
full article.
-- MDT