Payday Loan Stores of Illinois, PLS Financial



Location

Chicago, IL
United States
41° 51' 0.1188" N, 87° 39' 0.1872" W
Date Breach Made Public: 
August 18, 2010
geo: 
Chicago, IL
United States
Records Breached: 

369

Payday Loan Stores (PLS) was fined $1,107,000 for failing to protect consumer information.  In April of 2010, three boxes of documents were found by police at a dumpster near a Payday Loan Store. According to the Illinois Department of Financial and Professional Regulation, "the discarded documents contained personal customer information, including Social Security numbers and copies of driver's licenses."

UPDATE (11/08/2012): The Federal Trade Commission (FTC) settled charges with PLS Financial Services and The Payday Loan Store of Illinois regarding their violation of FTC's Disposal Rule and the Gramm-Leach-Bliley Act's Privacy Rule and Safeguards Rule.  The two companies agreed to pay $101,500. The companies must also implement a comprehensive information security program that will be assessed for compliance for the next 20 years.

Source: 
NAID
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