William Sullivan, senior database administrator for Certegy Check Services of St. Petersburg, has pleaded guilty to conspiracy and fraud in connection with the theft of confidential data on more than 8.4 million customers over a five-year period.
Sullivan sold the data—which included credit card, debit card and bank account numbers—for $580,000 to a data broker, who resold the information to direct marketing companies.
Consumers have filed lawsuits in several states over security problems at Certegy.
Fortunately, the data was apparently used only to create mailing lists, and not for theft or fraud.
Tip: You don’t have to be a financial services provider to wind up in hot water over lost or stolen data. Guard confidential employee and customer records through in-house security or an outside data-security service.