Dan Goodin, a regular contributor to Wired, writes about his experience after receiving a letter from his former university that his data had been compromised.
Wired News: Dear Sir: Your Data Was Stolen:
"... With or without government intervention, companies that fail to take effective action will surely suffer for it. Already, I'm thinking twice about donating money to UC Berkeley or continuing my relationship with Bank of America. Better to keep my information out of their hands altogether than risk them losing it."