Tuesday, July 03, 2007

Data Theft at Fidelity National

This recent data breach is a perfect example of the dishonest insider. According to a recent news report, a database administrator of Certegy Check Services, a subsidiary of Fidelity National Information Services, stole the information of about 2.3 million customers and sold it to data broker. The data broker then resold the information to direct marketers who used the information to solicit these Fidelity customers for product offers. The employee has since been fired and the situation is still under investigation.

At this point, there doesn't appear to be any identity fraud committed as a result of this, but it is still possible since the junk mail from these direct marketing agencies, if stolen, can be used to commit identity theft. This is an clear example of what can happen when a dishonest employee has access to sensitive information and misuses it for profit. Whether or not this results in identity theft remains to be seen.


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