Senator Leahy Introduces the Personal Data Privacy and Security Act of 2011

According to Senator Leahy’s website, the Personal Data Privacy and Security Act would: •Increasing criminal penalties for identity theft involving electronic personal data and making it a crime to intentionally or willfully conceal a security breach involving personal data; •Giving individuals access to, and the opportunity to correct, any personal information held by commercial data… Read More

Market Forces in Identity Theft

There can be real economic damages to an individual who is the victim of identity theft. The FTC has ruled that it is the individual’s responsibility to check their credit card statements for unauthorized statements.If a victim of credit card theft, for example, notifies the credit card company within 60 days of receipt of the… Read More