Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Government settles V.A. data breach suit
WASHINGTON (2/12/09)--A U.S. District Judge Tuesday approved plans by the government to pay $20 million to settle a class-action lawsuit brought by veterans whose personal information was compromised when a laptop computer was stolen from the home of a Veterans Affairs employee. Payments will range from $75 to $1,500 for up to 26.5 million veterans who incurred expenses related to obtaining credit monitoring or physical symptons of emotional distress (E-Commerce Times Feb. 11). The lawsuit had alleged invasion of privacy in what was the government's largest data security breach. The breach, coupled with breaches disclosed at TJX Cos. and a state government agency in Vermont, prompted credit unions to look closer at their own security. The V.A. breach occurred in Alabama and helped prompt the Alabama Credit Union League to offer credit unions a security breach response service (News Now Feb. 20, 2007). The stolen laptop contained Social Security numbers and birthdates of veterans and troops on active duty, but no financial account information. The laptop was recovered later intact.


RSS





print
News Now LiveWire
About 1 in 5 #CUs offer credit-building loans,@SchenkMike @CUNA vice president of economics and statistics, told @CreditCardsCom
1 hour ago
RT @CUNA: DDoS attacks shorter, intense, more expensive: @VERISIGN HT @newsnowlivewire http://t.co/QiQKIEjK5v
1 hour ago
RT @CUNA: .@CUNACouncils launches new website. Offering site tours to current members. Check it out! http://t.co/YFJA1tKIxn
1 hour ago
.@Discover to support #ApplePay by fall http://t.co/3wDjkOVU7P HT @Forbes
3 hours ago
.@HUDgov requires investors to delay foreclosure for a year and offers a non-profit only pool sale http://t.co/WYzQrTL3QA
6 hours ago