Deutsche Telekom Compromises 30 Million Files
It is a data breach of staggering proportions. In one incident, 30 million personal files have been compromised:
“Confidential data on 30 million German phone users could be consulted on the Internet as a result of an error until the phone company locked access, a spokesman for Deutsche Telekom said Saturday.”
link: Error puts data on 30 million German phone users on Internet
If Deutsche Telekom follows protocol, it will offer free credit monitoring to those people who had their personal information compromised. The fee for a year of credit monitoring is approximately ten dollars. If just half of the people impacted by this security breach use this identity theft protection, the immediate aftermath could cost Deutsche Telekom in the neighborhood of a hundred and fifty million dollars ($150,000,000.00). And then, there will be the personal and class action lawsuits that will follow.
Catherine Forsythe
Tags: costs, credit monitoring, data breach, Deutsche Telekom, identity theft, Internet, lawsuits, privacy, security
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October 12th, 2008 at 4:18 pm
It seems as if every week we learn of a breach larger than the last.