On the heels of the revelation of a major security breach at data broker ChoicePoint Inc., State Rep. Eddie Rodriguez, Austin, introduced HB 1527, which would require companies to alert their customers if a breach of security has put them at risk of identity theft. Recent reports stated that a fraud ring gained access to the personal and financial information of an estimated 11,081 Texans from computer databases maintained by ChoicePoint. Rodriguez’ announcement said an estimated 750 people were targets of an identity theft scheme as a result of the ChoicePoint security breach.
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
‘The Arms Race Is On’: Chubb’s Greenberg on Mythos, Middle East 
Hedge Fund Money Is Reshaping a 180-Year-Old Insurance Model 
Florida Sunshine: Big Improvement in Combined Ratio in 2025, Gallagher Says From This Issue
