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Radio Shack Fined $630,000 for Security Breach

The Texas Attorney General’s office has fined Radio Shack $630,000 for a security breach that could have lead to identity theft:

“…RadioShack was investigated after the attorney general learned a retail location had dumped thousands of sensitive records into a trash can. The records contained confidential client data, Social Security numbers, debit and credit information and personal contact information.”

link: Texas AG finishes probe of Radio Shack’s identity protection measures

It serves as a reminder to businesses to safeguard their customers’ personal financial information. What will be interesting is to see what happens when it is a government agency that is the source of the data breach.

Catherine Forsythe

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