March 05, 2005

ChoicePoint Takedown

The inquiry and the planned business changes, announced Friday, both come on the heels of a scandal that left thousands of consumers vulnerable to identity theft.

Last month, the company revealed that scam artists had gotten access to personal data on about 145,000 people, resulting in at least 750 cases of identity theft. The scandal has prompted calls for new legislation to protect consumers' privacy rights.

* original report
* Choicepoint

Sen. Bill Nelson of Florida seems to be wielding the threat of terrorism as a justification to target the newly embattled industry. He has already been talking [PDF] about amending the Fair Credit Reporting Act in a way that could extend regulations to data brokers.

Posted by volubis at March 5, 2005 08:36 AM