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more on "Identity Theft for Dummies"?
From: David Farber <dave () farber net>
Date: Mon, 28 Feb 2005 11:54:40 -0500
------ Forwarded Message From: <EEkid () aol com> Date: Mon, 28 Feb 2005 09:09:57 -0500 To: <dave () farber net> Subject: Re: [IP] more on "Identity Theft for Dummies"? Dr. Farber, Since the burden of identity theft is on the consumer and not the credit bureaus, there isn't a great deal of motivation to resolve it. If the burden was placed on the credit bureaus, things would be changed very quickly. I hesitate to pull the banks into this because they're losing billions as a result of identity theft. While they are must be held responsible for proper handling of consumer information, they use the credit bureaus as a foundation for all lending processes, so they too are in a some what similar boat as the consumer. Make credit bureaus and data collection companies liable for damages to consumers in cases of identity theft and the motivation for change will be present. Necessity is the mother of all invention. This trend of gathering huge volumes of data on Americans and then having loose controls MUST STOP! If they can¹t control their data, put them out of business. Jerry Ballman ------ End of Forwarded Message ------------------------------------- You are subscribed as lists-ip () insecure org To manage your subscription, go to http://v2.listbox.com/member/?listname=ip Archives at: http://www.interesting-people.org/archives/interesting-people/
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- more on "Identity Theft for Dummies"? David Farber (Feb 28)