
ChoicePoint, the data broker that set off a national debate after disclosing a data breach early in 2005, will <A HREF="http://www.cio.com/blog_view.html?CID=17202">pay US$15 million in fines</A> and other penalties for lax security standards, the U.S. Federal Trade Commission announced Thursday. ChoicePoint's $10 million fine is the largest civil fine in the FTC's history. Under a settlement with the FTC, the Georgia company will also set up a $5 million fund to aid victims of identity theft that resulted from the data breach, and the company has agreed to implement new security measures and have an independent auditor review its security every other year until 2026.