| It seems a day doesn't go by without a company | | | | keep someone from seeing the data, it should |
| announcing it has lost or had customer data | | | | lose its right to do business. A hacker would smirk |
| stolen. TransUnion Credit Agency has now joined | | | | at that. |
| the parade of identity theft. | | | | Bigger Issues |
| TransUnion Credit Agency | | | | 3,600 consumer records is really a small issue |
| In late summer, TransUnion discovered that over | | | | when considering the big picture of consumer |
| 3,600 consumer records had been stolen from a | | | | privacy issues. It does, however, portend to a |
| regional sales office in California. The company | | | | bigger problem. |
| indicated the data was stored on an independent | | | | TransUnion is one of the big three credit reporting |
| desktop computer. The company believes the | | | | agencies with Experian and Equifax being the |
| computer was stolen as part of a burglary, not an | | | | other two. It strikes me that the databases of |
| intentional intent to steal consumer data. | | | | these three companies must be the Holy Grail of |
| There are more than a few serious issues with | | | | Identity Theft. What happens if someone gets |
| TransUnion's position and action. First, consumer | | | | into one of these systems? |
| data shouldn't be stored on a desktop computer | | | | What happens if an employee with access to the |
| sitting on a desk. More importantly, what is the | | | | data gets tempted? Keep AOL in mind. An AOL |
| data doing on a computer in a regional SALES | | | | employee was recently sentenced for selling the |
| office? TransUnion is supposedly looking into these | | | | AOL member list to spammers. How much do |
| issues. | | | | you think a criminal organization would pay for a |
| Insultingly, TransUnion has suggested the stolen | | | | copy of consumer records in a credit agency |
| data is not a big deal since the computer is | | | | database? |
| password protected. If TransUnion really thinks a | | | | A lot. |
| password protected desktop computer is going to | | | | |