Wednesday, March 09, 2005

Consumers Union: "LEXISNEXIS Security Breach Underscores Need To ReinIn Loosely Regulated Information Broker Industry..."

Consumers Union is calling for legislative action to regulate the information industry in the wake of the LexisNexit breach (and the ChoicePoint breach and the Bank of America lapse):

U.S. Newswire : Releases : "LEXISNEXIS Security Breach Underscores Need To ReinIn Loosely Regulated Information Broker Industry...":

"WASHINGTON, March 9 /U.S. Newswire/ -- Today's announcement by LEXIS-NEXIS that a database recently purchased by the company with sensitive personal data has been compromised, underscores the need to enact new rules to impose strict security practices on the information broker industry. Consumers Union, the nonprofit publisher of Consumer Reports (r) , is calling on Congress to pass the Information Practices & Security Act so that consumer data maintained by information brokers doesn't fall into the hands of identity thieves...."

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