Tuesday, April 12, 2005

Afraid Yet?

From USA Today

310,000 may have had private info stolen in March theft
NEW YORK/AMSTERDAM (Reuters) — Data broker LexisNexis said Tuesday that personal information may have been stolen on 310,000 U.S. citizens, or nearly 10 times the number found in a data breach announced last month.

An investigation by the firm's Anglo-Dutch parent Reed Elsevier determined that its databases had been fraudulently breached 59 times using stolen passwords, leading to the possible theft of personal information such as addresses and Social Security numbers. LexisNexis, which said in March that 32,000 people had been potentially affected by the breaches, will notify an additional 278,000 individuals whose data may have been stolen.

Information accessed included names, addresses, Social Security and driver license numbers, but not credit history, medical records or financial information, Reed Elsevier said in a statement to the London Stock Exchange.

But don't panic:

Reed Elsevier moved to soothe investors' fears by reaffirming its earnings forecasts, saying the financial implications of the breach were expected to be manageable within the context of LexisNexis's overall growth.

There, don't you feel better. Investors fears have been soothed!