Video On Identity Theft A 10-minute educational video that provides an overview of identity theft and outlines the steps consumers can take |
Preventing Identity Theft
The crime of identity theft has continued at epidemic proportions. Several widely reported surveys on the number of identity theft victims were recently released. A shocking report released by the Federal Trade Commission (FTC) in September 2003 estimated that approximately 10 million people were victims of identity theft in 2002 alone.
In response to new findings about identity theft, Congress adopted a number of provisions aimed at prevention and help for victims. The FTC recently published a revised guide for identity theft victims which includes new FACTA provisions. Take Charge: Fighting Back Against Identity Theft can be found at www.ftc.gov/bcp/conline/pubs/credit/idtheft.htm.
The practice known as "dumpster diving" provides identity thieves with a treasure trove of personal data. Irresponsible information disposal by businesses has been cited in numerous instances of fraud. Now under new FACTA provisions consumer reporting agencies and any business that uses a consumer report must adopt procedures for proper document disposal.
Who needs to comply to the FTC Rule? >:>