May 7, 2007

What is the Government Doing on Identity Theft?

Tip! Be aware when your bills usually arrive every month and check them over carefully. Thieves can steal your credit card statements and this popular type of identity theft has been around for decades.

Unlike SPAM where the Federal Trade Commission proved completely incompetent and consumers experienced a nearly 3000% increase in SPAM since the FTC put out their press releases that they were going to take a bite out of SPAM; it appears that the justice department is indeed making some headway on Identity Theft.

Although did you know that Identity Theft and SPAM are related in many ways, as there are folks stealing credit information from online Internet users thru “key stroke” loggers, Phishing Techniques and computer Spyware. What is the Government Doing on Identity Theft? Well here is what the Federal Trade Commission is doing; most of it is about consumer education;

http://www.consumer.gov/idtheft/

The President of the United States has signed two new bills into law to go after Identity theft criminals and the Justice Department is indeed making headway. Consumers can get free videos and learn better how to protect themselves. Additionally the credit card companies are getting better at catching the bad guys also.

Tip! To protect your customers’ privacy and prevent identity theft. Recent news coverage about the loss of customer information by large corporations underscores the potential risks of all businesses, including lawsuits and bad publicity.

Alberto Gonzales also recently announced a 20 country, 10 agency set of arrests which affected over 50,000 consumers of identity theft and they sent all the criminals that they caught to jail. No, this does not completely wipe out Identity Theft but all these things together; well it’s a good start. Consider this in 2006.

Lance Winslow

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