On December 17, 2007 the United Kingdom Financial Services Authority (FSA) fined Norwich Union Life £1.26 million ($2.54 million) for poor information security, privacy and anti-fraud mitigation systems and controls.
Posts Tagged ‘Authorities Principles of Business’
UK Imposes Record Fine of $2.54 Million Against Life Insurance Company For Poor Information Security & Privacy Practices
Sunday, December 30th, 2007Tags:Authorities Principles of Business, awareness and training, FSA, identity verification, Information Security, IT compliance, Norwich Union Life, personally identifiable information, PII, policies and procedures, pretexting, risk management, security awareness, security training
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