Tuesday, October 28, 2014

$850K Settlement for Bank Privacy Breach

Although there has been no identifiable identity theft, a US bank has agreed to pay an $850,000 settlement to nine states for a 2012 privacy breach.

Acting Attorney General John J. Hoffman said the settlement is designed to help prevent future consumer privacy breaches.

"All consumers — and especially banking consumers — have a reasonable expectation of privacy and protection when it comes to their information."
- Acting Attorney General John J. Hoffman
Learn how to proactively detect identity theft and unauthorized breaches of data privacy, even by authorized users - with no hardware and no on-site software.
Sources:
(a) NJ to get $103,000 in TD Bank settlement over data breach - www.NorthJersey.com, 10/18/2014

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