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Data Theft and Corporate Irresponsibility?

cjsnell asks: "Today, I received a letter from a student loan provider notifying me that my name and social security number had been stolen along with a contractor's computer. This makes -four- agencies that have lost my personal information, in the last year. Today's letter was the most disappointing yet: the company, Texas Guaranteed, did not offer any credit report monitoring like the previous three had. Their advice? Send a letter to the credit bureaus. Gee, thanks. Clearly, mass identity theft is completely out of hand and there doesn't seem to be any government regulation for handling these situations, nor does there seem to be any punitive action against businesses that lose customers' data. Do we, as consumers, have any recourse against these businesses?"

3 of 352 comments (clear)

  1. Prepaid legal by CrazyJim1 · · Score: -1, Offtopic

    If you're afraid of your identity being stolen, Prepaid Legal can help. They'll restore your credit to the level it was before your credit was breached, and get any money back that was charged on your credit card. I got modded down last time, but this is good stuff for people who may have their idenity stolen. www.pppaulson.com

  2. Why not? by WindBourne · · Score: 0, Offtopic

    If illegals can do it, so can you. As the federal ID takes hold, it will only be the illegals who will have an easy time at getting a new ID.

    --
    I prefer the "u" in honour as it seems to be missing these days.
  3. Re:Hi, my name is Lizzy Fair by reklusband · · Score: -1, Offtopic

    This is NO WAY flamebait. This is a reply to a post.