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Texas AG News Conference on CVS Judgement

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Uploaded by on Mar 29, 2008

Texas Attorney General Greg Abbott today reached an agreement with CVS Pharmacy, Inc. that will protect its Texas customers from identity theft. The settlement resolves the state's April 2007 enforcement action against the nation's largest retail pharmacy, which was charged with violating state laws that govern the disposal of customer records containing sensitive personal information.

Under an agreed final judgment obtained by the Attorney General, CVS will overhaul its information security program. The program must be fully documented in writing and contain administrative, technical and physical safeguards designed to protect the personal information of CVS customers. CVS also will pay $315,000 to the State of Texas, which will be appropriated for the investigation and prosecution of other identity theft cases, pursuant to the Identity Theft Enforcement and Protection Act.

"Recognizing that identity theft is one of the nation's fastest growing crimes, the Texas Legislature passed laws to protect Texas consumers," Attorney General Abbott said. "This agreement ensures that CVS will implement new procedures that will better safeguard their customers' personal information. The Office of the Attorney General will continue aggressively enforcing laws that protect Texans from identity theft."

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