Another Reason Privacy Policy Is So Hard

The “revealed preference” expressed in this settlement is not exactly what one might expect if those directly harmed got to negotiate: ChoicePoint Settles Data Security Case

ChoicePoint has settled with 44 states over a data breach that potentially gave criminals access to personal information from more than 145,000 consumers.

The company agreed to adopt stronger security measures and pay $500,000 to the states, Richard Blumenthal, the attorney general of Connecticut, said yesterday.

In *total*?!?!?!

ChoicePoint characterized the settlement as “fair and reasonable.”