Students Persuade Lender to Reduce Risks of Identity Theft, But Security Lapses Remain

Identity Theft Daily


Students at the Samuelson Law, Technology & Public Policy Clinic at the University of California, Berkeley, School of Law recently accused Sallie Mae—the nation's largest student lender—of placing millions of its customers at risk of identity theft through improper and potentially illegal authentication practices. Although Sallie Mae revised its authentication practices this spring after receiving a cease-and-desist letter from the Clinic, law students say the new practice remains flawed and leaves student borrowers vulnerable to identity theft.