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[Dataloss] FTC Settles Breach Complaint With Student Lender

From: lyger (lygerattrition.org)
Date: Tue Mar 04 2008 - 18:26:47 CST


http://www.pcworld.com/article/id,143121-c,privacy/article.html

(I don't recall hearing about this one... anyone else?)

The U.S. Federal Trade Commission has settled a complaint against student
lender Goal Financial after allegations that the company failed to
safeguard personal data.

Goal Financial allowed two employees to access the personal information of
about 7,000 customers and take the information to a competing firm between
2005 and 2006, and the company allowed an employee to sell a hard drive
containing the unencrypted personal information of 34,000 customers
sometime in 2006, the FTC said. The company failed to protect personal
information such as birth dates, Social Security numbers, and income and
employment information, the FTC said in its complaint against Goal
Financial.

[...]
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