Company Will Pay $50K for Tossing Consumers’ Information in Unsecured Dumpster

[Anonymous]

http://www.ftc.gov/opa/2007/12/aumort.shtm

For Your Information: December 18, 2007

A mortgage company that left loan documents with consumers’ sensitive personal and financial information in and around an unsecured dumpster has agreed to settle Federal Trade Commission charges that it violated federal regulations. The FTC’s complaint alleges that Northbrook, Illinois-based American United Mortgage Company violated the Disposal, Safeguards, and Privacy rules by failing to properly dispose of credit reports or information taken from credit reports, failing to develop or implement reasonable safeguards to protect customer information, and not providing customers with privacy notices.
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[haulingthescoreup]

Bet they'd be plenty p.o.'d if it were their own personal info lying there among the orange peels and milk cartons!