FTC Approves Final Orders Settling Charges that Credit Report Resellers Allowed Hackers to Access Consumers’ Personal Information
From the FTC:
Following a public comment period, the Federal Trade Commission has approved final orders settling charges against three credit report resellers, SettlementOne Credit Corporation; ACRAnet, Inc.; and Fajilan and Associates, Inc., also doing business as Statewide Credit Services. The FTC alleged the companies did not take reasonable information security steps to protect consumers’ data, allowing hackers to access more than 1,800 credit reports without authorization. The FTC’s orders settling the charges require the companies to strengthen their data security procedures and submit to audits for 20 years.
Related: Statement of Commissioner Brill
In the Matter of ACRAnet, Inc., a corporation
File No. 092 3088