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From: security curmudgeon (jerichoattrition.org)
Date: Thu Apr 08 2010 - 02:18:47 CDT
---------- Forwarded message ----------
From: InfoSec News <alertsinfosecnews.org>
By Tim Wilson
April 07, 2010
Customers of Countrywide Financial have filed a class-action lawsuit over
the 2008 data breach that enabled company insiders to steal and sell their
According to a Courthouse News Service report, the class-action lawsuit on
behalf of 16 plaintiffs seeks $20 million in damages, plus punitive
The data theft, originally attributed to a single employee working over a
two-year-period, exposed tens of thousands of customer records.
The lawsuit alleges that Countrywide Financial employees stole and sold
"tens of thousands, or millions" of customers' personal financial
information, according to the news report.
The suit claims the defendants do not dispute that customers' private
financial information was disseminated. It seeks to find out "whether the
dissemination was intended as a plan or scheme, or was intentional; [and]
whether any of the defendants was simply aiding and abetting, rather than
an architect of the plan to disseminate the personal information."
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