Wednesday, September 07, 2005

US losing battle against identity theft

Robert Jaques writes in vnunet.com:

There have been at least 104 serious "data incidents" in the US since 1 January which represent just the "tip of an iceberg" in serious systemic computer security problems.

The incidents potentially affect more than 56.2 million individuals, according to the US-based non-profit Identity Theft Resource Center (ITRC).

Congressional committees are waging a turf war over a security breach notification law, while companies, governmental agencies and educational facilities are "mishandling information on a daily basis and putting all of us at risk of identity theft".

"We have been given a loud wake-up call. Is anyone planning to pay attention to the true problem, or will companies be allowed to continue to disregard the importance of your future and your financial identity?" warned the ITRC.

"How many breaches don't make the front page or are even reported to consumers because a company has deemed the breach not to 'cause significant risk of harm' to the individual or has buried it to avoid additional problems?

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