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Feds Require Financial Firms to Take Identity Theft Prevention Steps
National News • October 31, 2007
Federal regulators are requiring that every financial institution have a program to detect and prevent identity theft on consumer accounts.
The federal financial institution regulatory agencies ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Identity Theft the only solution. | Lance Malone | Dec 23, 2007, 9:18 am |
| RE: Legally sanctioned | Bob G | Nov 1, 2007, 1:06 pm |
| 2007 Data breaches | Lock the barn door-NOW | Nov 1, 2007, 10:34 am |
| RE: CREDIT FREEZES WORK | John Doe | Nov 1, 2007, 10:14 am |
| Legally sanctioned "protection racket" | A Citizen of the United States | Nov 1, 2007, 10:11 am |
| Back to article | ||
Subject: Legally sanctioned "protection racket"
"Feds Require DATA BROKERS to Take Identity Theft Prevention Steps"
WHEN are our elected officials going to FINALLY wake up and see that the emperor isn't wearing any clothes and hasn't been for quite some time?
The three credit bureaus make their money by legally gathering important information about us without our permission and selling it to other people who need that information. Unfortunately, sometimes that information is supplied to felons who might use it to do us great harm by identity theft. It seems that the credit bureaus do this with no fear of liability. Now the credit bureaus are telling us that if we pay them some amount of money, they will stop selling information about us.
How is this different from a protection racket?
Contact your elected officials and demand FREE credit freeze protection for EVERYONE in this ENTIRE COUNTRY.