Sunday, June 12, 2005

Seven ways Congress can battle identity theft

Liz Pullian Weston, in MSN Money, wants to see federal legislation to reduce the incidence of identity theft. Among her suggestions:
MSN Money - 7 ways Congress can battle identity theft:

"Allow consumers to freeze their credit.

Make "opt in" the rule.

Require that sensitive financial data be encrypted.

Take the profit out of credit monitoring.

Compensate consumers for identity theft.

Make reporting false information to credit bureaus a real crime."

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