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House Legislation Would Crack Down On SSN Thieves...EXCEPT NOT

Anne Broache from CNet has the story : At 56 pages (PDF) , the latest effort is far lengthier and more prescriptive but includes many of the same provisions. It was introduced Monday by Reps. Michael McNulty (D-N.Y.) and Sam Johnson (R-Texas), who lead

GAO: Data Breaches Rarely Lead To ID Theft

"Yep, breaches have no impact whatsoever. Trust me on this..." The Government Accountability Office released a report yesterday stating that it was difficult to link data breaches to confirmed cases of identity theft. The GAO also recommended that agencies

Credit Bureaus Cause Identity Theft And Undermine Our Economy

Crossposted at Private Intelligence . Feel free to comment here or there . USA TODAY has a great (if unintentionally unflattering) look at the efforts by the bureaus' lobbyists to stop states from adopting credit freezes : When this trend began to gather

U.S., U.K. Team Up To Smash Pedophile Ring

This isn't really identity theft related, but since we're boosting interest in TrueScoop , I wanted to mention it: LONDON - British police, aided by U.S. authorities, have smashed a global Internet pedophile ring that broadcast live-streamed videos of

Identity Thieves Steal From Child Pornographers (aka When Bad Meets Evil)

This scam is social engineering at its finest: Authorities say an on-going investigation centers around an East European crime ring that operates numerous child pornography websites. When a person attempts to purchase access to the sites, they are directed

A Tale Of Two Spyware Bills

Yesterday the House of Representatives approved an antispyware bill , called the "SPY ACT" for short, that would mandate the easy removal of intrusive programs from users' machines and require companies that collect information or install software to

Data Privacy And Guest Workers: It's Worse Than We Thought

As more information comes out about the new immigration proposal, it's becoming clear that the bill not only fails to comprehensively address the root problems of illegal immigration, but introduces a series of new risks to data security, privacy, and

Identity Theft And The New Immigration Bill

Rather than delve into the morally thorny issue as to whether or not it's right to grant amnesty to undocumented workers, I want to address a serious part of the immigration debate that often goes unmentioned--how the black-market demand for cheap labor

Feds Take On E-Gold Over Cybercrime Money Laundering

The Department of Justice is investigating alternative currency/payment company E-Gold over charges it facilitates money laundering for online crime : The indictment alleges that E Gold has been a highly favored method of payment by operators of investment

FTC "Proof Positive" Conference, Day 2

Work has been crazy lately, so I didn't get a chance to recap the second day of the "Proof Positive" conference. It wasn't as packed as the first, but here are some highlights: There was an excellent discussion about the differing attitudes of nations

FTC "Proof Positive" Conference, Day 1

Today I had the honor of attending the FTC's Proof Positive identity authentication/identity theft conference. If you are into these issues at all, this conference was like a live-action reenactment of "Challenge of the Superfriends"--everyone from Gartner

Defeating Dumpster Diving For Data

InformationWeek's Patricia Keefe lambasts companies who carelessly dispose of information : You might think that today, only someone living under a rock would be unacquainted with the perils of identity theft, and that most people - certainly your employees

FDIC Issues Guidance On Identity Theft

Originally posted at Private Intelligence . Feel free to comment here or there. Along with the FTC , the FDIC is the agency taking the lead on dealing with identity theft, approaching it as a matter of financial protection, especially since the agency

Measuring The Costs Of Data Breaches

If you're like me (that is to say, a huge nerd), you may wonder exactly how much a breach of personal data may cost. The information surrounding breaches is often so opaque and hard to follow ("We see no risk of identity theft, but we want you to check

FBI Is FUBAR On Fraud

Originally Posted At Private Intelligence . Feel Free To Comment Here Or There. When you have a Justice Department (and I use the first word loosely) that is obssessed with nonexistent cases of voter fraud , spying on Americans without cause , and generally
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