Roth, Daniel,
The Great Data Heist. Daniel Roth and Stephanie Mehta. - Fortune, 2005. - SIRS Enduring Issues 2006. Article 74, Institutions, 1522-3256; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: The Great Data Heist, May 16, 2005; pp. 66+.
"In February [2005] data aggregator ChoicePoint acknowledged that identity thieves had stolen vital information on 145,000 people. Less than two weeks later Bank of America admitted it had lost backup tapes that held the account information of 1.2 million credit card holders. In March [2005] shoe retailer DSW said its stores' credit card data had been breached; the U.S. Secret Service estimated that at least 100,000 valuable numbers had been accessed. More than a month later DSW released the real number: 1.4 million. Reed Elsevier's LexisNexis, a ChoicePoint rival, followed suit, revealing first that unauthorized users had compromised 32,000 identities, then upping the number to 310,000." (FORTUNE) This article provides an in-depth look at the inside "world of identity theft." In order "to understand why companies are having so much trouble keeping their data secure," the authors examined two identity theft "cases that led to long jail time--and two that are just now playing out."
1522-3256;
Computer security
Corporations--Accounting
Crime prevention
Data protection
Identity theft
Personal information management
AC1.S5
050
The Great Data Heist. Daniel Roth and Stephanie Mehta. - Fortune, 2005. - SIRS Enduring Issues 2006. Article 74, Institutions, 1522-3256; .
Articles Contained in SIRS Enduring Issues 2006. Originally Published: The Great Data Heist, May 16, 2005; pp. 66+.
"In February [2005] data aggregator ChoicePoint acknowledged that identity thieves had stolen vital information on 145,000 people. Less than two weeks later Bank of America admitted it had lost backup tapes that held the account information of 1.2 million credit card holders. In March [2005] shoe retailer DSW said its stores' credit card data had been breached; the U.S. Secret Service estimated that at least 100,000 valuable numbers had been accessed. More than a month later DSW released the real number: 1.4 million. Reed Elsevier's LexisNexis, a ChoicePoint rival, followed suit, revealing first that unauthorized users had compromised 32,000 identities, then upping the number to 310,000." (FORTUNE) This article provides an in-depth look at the inside "world of identity theft." In order "to understand why companies are having so much trouble keeping their data secure," the authors examined two identity theft "cases that led to long jail time--and two that are just now playing out."
1522-3256;
Computer security
Corporations--Accounting
Crime prevention
Data protection
Identity theft
Personal information management
AC1.S5
050