December 6, 2006
The Federal Trade Commission (FTC) on December 6 released
details about a "redress fund" that is available
to consumers who the FTC believes may have incurred out-of-pocket
expenses related to the security breach disclosed by ChoicePoint
in February 2005.
The FTC said it plans to distribute letters seeking additional
information from a number of consumers who may have been affected
by the ChoicePoint incident.
Even though ChoicePoint agreed to create a $5 million fund
to assist potentially affected consumers, ChoicePoint has
no role in deciding who will receive the money or the criteria
used by the FTC to distribute the money.
For additional information about the FTC’s “redress
fund,” go to www.ftc.gov/choicepoint
or call 1-888-884-8772.
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