2008


Accounting for information

MarketWatch

http://www.marketwatch.com/story/what-your-bank-should-be-doing-to-protect-you-from-id-theft

For one thing, the Federal Trade Commission reports a 32% rise in identity theft complaints to 258,427 during the 2007 calendar year. Plus, Chris Jay Hoofnagle, senior fellow at the University of California-Berkeley law school, complains that consumers, regulators and businesses have no reliable way to assess identity fraud at major financial institutions.

"Lending institutions should publicly report basic statistical information about identity theft events," he says.

3/17/2008