So many times…actually almost every time…a privacy breach occurs the company that experienced the breach makes a public statement similar to, “We have no evidence that the personal information has been used fraudulently” or “We do not believe the information stolen will be used for identity theft.”
Why do companies so often make this statement? Because their lawyers know that it will be hard, if fraud and crime occurs using the compromised personally identifiable information (PII), to directly tie the breach to such fraud crimes.
Posts Tagged ‘court ruling’
Be Aware: Court Ruling Allows Circumstantial Evidence In Court Case Against Company That Experienced Privacy Breach
Thursday, December 6th, 2007Be Aware: Court Ruling Allows Circumstantial Evidence In Court Case Against Company That Experienced Privacy Breach
Thursday, December 6th, 2007So many times…actually almost every time…a privacy breach occurs the company that experienced the breach makes a public statement similar to, “We have no evidence that the personal information has been used fraudulently” or “We do not believe the information stolen will be used for identity theft.”
Why do companies so often make this statement? Because their lawyers know that it will be hard, if fraud and crime occurs using the compromised personally identifiable information (PII), to directly tie the breach to such fraud crimes.