BreachExchange mailing list archives

Re: TJX breach shows that encryption can be foiled


From: "James Ritchie, CISA, QSA" <james_ritchie () sbcglobal net>
Date: Tue, 03 Apr 2007 15:54:03 -0400

FTC settlements

http://www.ftc.gov/opa/2006/02/cardsystems_r.htm

http://www.ftc.gov/opa/2006/01/choicepoint.htm

Donald Aplin wrote:
Section 5 of the FTC Act does NOT provide for any fines against
companies for data security breaches.  CardSystems was not fined a
penny in the settlement with FTC, nor was DSW in its settlement,
nor BJ's before that.The presence of an independent  Fair Credit
Reporting Act claim in the ChoicePoint action allowed for the
imposition of a $10 million fine.


Donald G. Aplin Legal Editor BNA's Privacy & Security Law Report
(202) 452-4688

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James Ritchie
MCSE, MCP+I, M-CIW-D, CIW-CI, Inet+, Network+, A+

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