• United States



by Art Jahnke

Insurance Companies Sell Data, Then Sell Data-Theft Policies

May 27, 20051 min
CSO and CISOData and Information Security

Critics are claiming that insurance companies that sell data theft policies are profiting off a problem they helped create, according to a story in the Los Angeles Times. Like many businesses, the Times reports, insurance companies give or sell information about their customers to data aggregators such as ChoicePoint Inc., which had its database breached by identity thieves and sparked a national debate over how personal information gets used. Rather than rely on insurance, Heller and other activists said, consumers should demand tougher laws regulating how their personal data are used.