District Court Orders Debt Companies to Remove Online Data at FTC Request
U.S. District Court in Washington, D.C., separately ordered two debt selling companies to remove sensitive consumer information they allegedly posted online and required that they inform the 70,000 consumers listed on how they can protect against identify theft, said an…
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FTC news release Wednesday. The orders came at the FTC’s request, it said. The FTC alleged that Cornerstone and Co. and Bayview Solutions “posted consumers’ bank account and credit card numbers, birth dates, contact information, employers’ names, and information about debts the consumers allegedly owed on a public website.” It alleged that the companies exposed that information to “sell portfolios of past-due payday loan, credit card, and other purported debt.” Companies "must treat sensitive consumer information with appropriate care and security, and the FTC will take action when they fail to do so," said Jessica Rich, FTC Bureau of Consumer Protection director, in the release. The complaints are here and here.