Download 12A-F

Group F
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ChoicePoint, a georgia based corporation,
provides risk management and fraud
prevention data
In fall 2004, Choicepoint was victim of
fraudulent spoofing attack in which
unauthorized individuals posed as a legitimate
customers and obtained personal data on more
than 145,000 individuals
Criminals accessed social security
numbers/driver license numbers, and
abbreviated credit reports
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ChoicePoint became aware of problem and
contacted LAPD
Choicepoint exposed itself a public relations
nightmare, considerale expense, a class-action
lawsuit, a Senate investigation , and a 20
percent drop in its share price
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Comment on the ethical issues and
ChoicePoint’s response. Did ChoicePoint
choose wisely?
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Even though it dropped in a 20 percent share
price, they rebounded with a hotline for
customers who were comprimsed to call for
assistance
They purchased a credit report for these people
and paid for a 1 year credit report
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Given ChoicePoint’s experience, what is the
likely action of similar companies whose
records are compromised in this way? Given
your answer, do you think federal regulations
and additional laws are required? What other
steps could be taken to ensure that data
vendors notify people harmed by data theft?
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Government related jobs should be the first to use
ChoicePoint in being able to verify which candidates
might have lied on their applications about possible
fraud cases.
Also insurance companies or banks might want to use
ChoicePoint before granting loans because they will be
able to obtain information on credit history, social
security verification, education verification, and the
drug testing policy.
The central theme of ChoicePoint would be to make
sure the right candidate is hired for the job at hand.
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Visit http://choicepoint.com . Summarize the
products that ChoicePoint provides. What
seems to be the central theme of this business.
KnowX
is the place to start to find accurate information about businesses, people
and assets, and to discover the critical relationships between them. Run a
background check on a business, locate assets, verify property value and
more using nationwide public records compiled from official data
sources.
Sex Offender Registry Search
It is critical to have as much information as possible when making hiring
decisions, especially when it comes to identifying convicted sex offenders
who may be applying for jobs that give them access to vulnerable
populations, such as children.
Credit Report
When making decisions about candidates who will be trusted with
financial responsibilities, employers sometimes need employment-related
credit history information. LexisNexis® has access to multiple credit
bureaus, providing employers with the flexibility to choose the right
credit report for their needs.