Place fraud alert on credit reports to fight ID theft
Sandra Block writes about identity theft in USA Today:
"Car-theft victims know they have a problem as soon as they discover an oil spot where their Mustang used to be. But many victims of identity theft don't know they've been targeted until long after criminals have taken their credit cards for a joy ride.
In an effort to empower victims of this fast-growing crime, lawmakers and regulators are pushing data brokers and other businesses to notify consumers who may be vulnerable to identity theft.
Last week, banking regulators approved a rule requiring financial institutions to alert customers about security breaches if the companies believe the information will be misused. The rule, in the works for several years, followed several widely publicized security violations.
In February, ChoicePoint, a giant data broker, revealed that a crime ring had obtained sensitive digital information, such as Social Security numbers and credit reports, for at least 145,000 people.
If you receive a notice that your personal information may have been stolen, you should act quickly to safeguard your identity."
More from USATODAY.com
"Car-theft victims know they have a problem as soon as they discover an oil spot where their Mustang used to be. But many victims of identity theft don't know they've been targeted until long after criminals have taken their credit cards for a joy ride.
In an effort to empower victims of this fast-growing crime, lawmakers and regulators are pushing data brokers and other businesses to notify consumers who may be vulnerable to identity theft.
Last week, banking regulators approved a rule requiring financial institutions to alert customers about security breaches if the companies believe the information will be misused. The rule, in the works for several years, followed several widely publicized security violations.
In February, ChoicePoint, a giant data broker, revealed that a crime ring had obtained sensitive digital information, such as Social Security numbers and credit reports, for at least 145,000 people.
If you receive a notice that your personal information may have been stolen, you should act quickly to safeguard your identity."
More from USATODAY.com
posted by Dave at 5:14 PM
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