Ouch--data theft.THIS SPRING OHIO UNIVERsity Ohio University, main campus at Athens; state supported; coeducational; chartered 1804, opened 1809 as the first college in the Old Northwest. There are additional campuses at Chiillicothe, Lancaster, and Zanesville, as well as facilities throughout the state. joined the not-so-exclusive club of institutions dealing with the aftermath of data breaches. For this school of nearly 17,000 undergraduates, a potentially costly lawsuit got thrown into the mix. A month after current and former students were notified of the system leaks, alumni Donald Jay Kulpa and Kenneth David Neben flied a class-action suit Noun 1. class-action suit - a lawsuit brought by a representative member of a large group of people on behalf of all members of the group class action in the State of Ohio Court of Claims The Ohio Court of Claims is a court of limited, state-wide jurisdiction. The court's jurisdiction extends to matters in which:
Here's a look at the data important to this lawsuit and what the numbers could mean for Ohio Ohio, state, United States Ohio, midwestern state in the Great Lakes region of the United States. It is bordered by Pennsylvania (NE) West Virginia (SE), Kentucky (S), Indiana (W), and Michigan and Lake Erie (N). University's pocketbook: 600--Average number of hours (often over a period of years) an identity-theft victim spends recovering from the crime $1,400--Average out-of-pocket expenses out-of-pocket expenses n. moneys paid directly for necessary items by a contractor, trustee, executor, administrator or any person responsible to cover expenses not detailed by agreement. a victim incurs after an identity theft crime $4.95--The monthly cost of a very basic credit monitoring service The general surveillance of known air traffic movements by reference to a radar scope presentation or other means, for the purpose of passing advisory information concerning conflicting traffic or providing navigational assistance. $12.95--The monthly cost of a common credit monitoring service 173,000--Individuals whose Social Security numbers were compromised by Ohio U data breaches $2.6 million--$6.7 million*--Institution's cost, should the court order three months of credit monitoring per person whose Social Security number was compromised $140,000--Additional cost for the school, should 100 people incur an average amount of expenses battling an identity theft crime $14 million--Additional cost for the school, should 10,000 people incur an average amount of expenses battling an identity theft crime * An institution purchasing a service on behalf of individuals may be able to negotiate a significant discount. The credit bureau Experian's security breach recovery program could provide a discount of up to 80 percent, for example. SOURCES: State of Ohio Court documents; Identity Theft Resource Center; Experian; TrueCredit.com (a division of TransUnion); Equifax. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion