OLYMPIA, Wash. — The office of Washington State Attorney General Rob McKenna announced a multi-state settlement with ChoicePoint.

Back in 2005, the Atlanta-based company experienced a data breach that compromised the personal financial records of more than 163,000 consumers.

As a condition, ChoicePoint agreed to pay $500,000 to the states, which will likely be used for attorneys' fees and costs and improve its credentialing process. Last January ChoicePoint settled a case with the Federal Trade Commission and paid $10 million in civil penalties and $5 million into a pool to be used for consumer redress. This settlement with the attorneys general of 43 states and the District of Columbia must be approved by a judge before it becomes final.

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