« Hacker Gains Access To Personal Information | Main

January 25, 2006
DSW, Inc. Agrees To Settlement

After the March 2005 attack when hackers gained access to over one million debit or credit card accounts, DSW Inc. has agreed to a settlement with the Federal Trade Commission.

In the details of the settlement that was reached, DSW Inc. has agreed to implement new computer security features, and to be audited every twenty years from a private security firm in a ruling by the FTC.

In March, hackers were able to gain access to approximately three months of personal data resulting in some fraudulent charges to credit or debit cards.

For more information on the unsecure business practices that led to the FTC's ruling click here.


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Your Comments

This is scary in a way, considering that people out there don't know their personal information was stolen.

Posted by: Pat at Mar 28, 2007 8:45:26 PM

--SNIP--
In the details of the settlement that was reached, DSW Inc. has agreed to implement new computer security features, and to be audited every twenty years from a private security firm in a ruling by the FTC.
--SNIP--

Every twenty years?? Is that a typo?? What's the use of an audit in 2028??

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