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The Great Data Heist. Daniel Roth and Stephanie Mehta.

by Roth, Daniel; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2006Article 74Institutions. Publisher: Fortune, 2005ISSN: 1522-3256;.Subject(s): Computer security | Corporations -- Accounting | Crime prevention | Data protection | Identity theft | Personal information managementDDC classification: 050 Summary: "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."
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REF SIRS 2006 Institutions Article 74 (Browse shelf) Available

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."

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