ID Theft In US Continues Apace Despite Data Breach Laws

4roddas points out an article at Techworld about the continued scourge of identify theft in the US, which begins: "Over the past five years, 43 US states have adopted data breach notification laws, but has all of this legislation actually cut down on identity theft? Not according to researchers at Carnegie Mellon University who have published (PDF) a state-by-state analysis of data supplied by the US Federal Trade Commission (FTC). 'There doesn't seem to be any evidence that the laws actually reduce identity theft,' said Sasha Romanosky, a Ph.D student at Carnegie Mellon who is one of the paper's authors. Since 1999 the FTC has invited identity theft victims to log information about their cases on its Web site. The data are then made accessible to law enforcement, which uses the information to help analyze crime trends."

Comments

I am stealing this guys Identity fo post this

[infonography]

BWAHHHAAAAA

Re:Put the onus on financial institutions

[davester666]

You're thinking about this all wrong. George Bush is attacking this problem from the other side, by making the theft of your identity less valuable to the thief.

He's doing it by wreaking the economy of the US, sinking it into what is at least a minor depression.

But with widespread reporting of the poor US economy, the smart ID theft gang's should be targeting Europe and Asia instead of the US...

The George Bush, sneaky like a fox. Or a complete moron.