Wednesday, March 09, 2005

ChoicePoint Says "Please Regulate Me"

Schneier on Security comments on information in ChoicePoint's most recent 8-K filing.

"Catch that? ChoicePoint actually has no idea if only 145,000 customers were affected by its recent security debacle. But it's not doing any work to determine if more than 145,000 customers were affected -- or if any customers before July 1, 2003 were affected -- because there's no law compelling it to do so. I have no idea why ChoicePoint has decided to tape a huge 'Please Regulate My Industry' sign to its back, but it's increasingly obvious that it has. There's a class-action shareholders' lawsuit, but I don't think that will be enough. And, by the way, Choicepoint's database is riddled with errors."



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