Software // Enterprise Applications
11:37 AM
Core System Testing: How to Achieve Success
Oct 06, 2016
Property and Casualty Insurers have been investing in modernizing their core systems to provide fl ...Read More>>

FTC Mails Refund Forms To ChoicePoint Data Breach Victims

Reparation forms must be postmarked by Feb. 4 to be considered, according to the FTC.

Nearly two years after data broker ChoicePoint revealed that it had sold identity information to criminals, the Federal Trade Commission on Wednesday announced it had mailed claim forms to over 1,400 victims who can now file for refunds on money they spent setting things straight.

Early in 2005, ChoicePoint reported it had handed over consumers' names, addresses, Social Security numbers, and credit reports to fraudsters working out of Los Angeles County. In February 2005, it sent 145,000 notifications to residents in 50 states whose personal information may have been sold to the identity thieves in the fall of 2004.

After an FTC investigation, the commission and ChoicePoint agreed to a settlement in January 2006 that, among other things, required the company to pay up to $5 million to reimburse consumers.

According to the FTC, the reparation forms must be postmarked by Feb. 4 to be considered. "The amount applicants receive will depend on a number of factors, including the total number and amount of claims that the agency receives," the FTC said in a statement.

Claim forms have also been posted on the FTC's Web site in both English and Spanish, and a toll-free telephone number and e-mail address have been set up to take questions from affected consumers.

Comment  | 
Print  | 
More Insights
Newest First  |  Oldest First  |  Threaded View
Building A Mobile Business Mindset
Building A Mobile Business Mindset
Among 688 respondents, 46% have deployed mobile apps, with an additional 24% planning to in the next year. Soon all apps will look like mobile apps and it's past time for those with no plans to get cracking.
Register for InformationWeek Newsletters
White Papers
Current Issue
Top IT Trends to Watch in Financial Services
IT pros at banks, investment houses, insurance companies, and other financial services organizations are focused on a range of issues, from peer-to-peer lending to cybersecurity to performance, agility, and compliance. It all matters.
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.