The punishment for lax security: two decades of audits

Monday, 3 July 2006, 12:33 AM EST

Nations Holding, a real estate company operating in 44 states, must improve its information security practices and submit to biennial security audits for the next 20 years under a settlement with the Federal Trade Commission.

The FTC charged that the company had allowed a common Web attack to compromise customer data, and that its Nations Title Agency (NTA) subsidiary had disposed of home-loan applications containing customersí personal data in a public Dumpster.

At CIO.

[ Read more ]




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