The state Board of Public Works approved a contract worth an estimated $2.6 million Wednesday for a firm to monitor the credit activity of an estimated 300,000 people whose personal information was exposed as a result of a computer security breach discovered at the University of Maryland early this year.
The board gave its retroactive approval to the University System of Maryland's emergency contract with Experian Consumer Services, an affiliate of the well-known credit monitoring agency, to protect victims of the breach for five years. The board action puts a price tag on the previously disclosed plan.
The action follows through on a promise by University of Maryland President Wallace D. Loh to provide such protection for the credit of victims of the breach affecting students at the College Park and Shady Grove campuses. Among the information that was stolen was victims' names, Social Security numbers, addresses, dates of birth and university ID numbers.