Re:I Got Access to My Secret Consumer Score
by zaarn on Monday November 04, 2019 @09:32AM
(#21441958)
The liability would be the same as a GDPR dataleak, or comparable. If the data leaked is sensitive enough, you might get fines and punishments by other regulatory bodies or industry bodies (PCI audit might be failed next time, so no card processing anymore).
The victim might be able to sue for damages incurred by the identity theft.
In my experience, some companies place high dilligence on the process. A bank I requested information from sent a postal letter containing a code to my mailing address. The Germany Postal Service has a special service to allow identifying people, so the letter contained the code and then I had to bring part of the letter back to the next postal station along with my ID card.
Once they got the confirmation of the ID card along with the code sent to me, they sent a CD-ROM with the information encrypted and the password via mail.
The victim might be able to sue for damages incurred by the identity theft.
In my experience, some companies place high dilligence on the process. A bank I requested information from sent a postal letter containing a code to my mailing address. The Germany Postal Service has a special service to allow identifying people, so the letter contained the code and then I had to bring part of the letter back to the next postal station along with my ID card.
Once they got the confirmation of the ID card along with the code sent to me, they sent a CD-ROM with the information encrypted and the password via mail.