States pass laws to protect identity

Monday, 14 July 2003, 9:23 AM EST

State lawmakers, alarmed by high-profile identity-theft scams, are adopting measures that could become models for a federal law protecting victims from the nation's fastest-growing crime.

As many as 700,000 Americans are targeted by identity thieves every year, the Justice Department says. Advocates say the state laws address gaps in federal consumer-protection statutes. Several initiatives became effective July 1. What they do:

Strengthen fraud alerts. A new Texas law requires lenders and creditors to take extra steps to verify a customer's identification when a fraud alert is placed on the individual's credit report.

Fraud alerts are designed to prevent criminals from opening bogus accounts in a victim's name, but lenders often ignore them, says Luke Metzger of the Texas Public Interest Research Group.

[ Read more ]

Related items




Spotlight

Operation Pawn Storm: Varied targets and attack vectors, next-level spear-phishing tactics

Posted on 23 October 2014.  |  Targets of the spear phishing emails included staff at the Ministry of Defense in France, in the Vatican Embassy in Iraq, military officials from a number of countries, and more.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Fri, Oct 24th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //