Two major federal efforts to curb the widespread use of Social Security numbers are putting banks-the largest private-sector users of those nine sensitive numbers-on defense.
Social Security numbers are the crucial piece of data used to commit the 10 million to 15 million cases of identity fraud cited annually. ID theft is the impetus behind a bill recently approved by the House Ways and Means Committee to "bar the sale, purchase or display of a Social Security number in both public and private sectors," with some exceptions. The bill is expected to see a full House vote this fall, but there is no Senate version yet.
The easy availability of Social Security …
No comments:
Post a Comment