I.D. Theft - Fixing and Preventing

by Steve Anglin

Related link: http://www.ftc.gov/bcp/conline/pubs/credit/idtheft.htm



Here's a complete, online guide for fixing identity theft, in the instance that you or someone you know becomes a victim. It includes an Affidavit as well as template letters to use for clearing your name.



Also, I throw out 10 points for preventing identity theft.



1. Require employers, IRS and other institutions to mail out payroll and tax information without the use of social security numbers.



2. Require financial institutions to eliminate the use of a customer's social security number in billings OR at least block or dash out most of the social security number if used.



3. Require financial institutions to eliminate the use of a social security number as part of customer's account number.



4. Require financial institutions to block out part of their account numbers (i.e., Visa 4114 XXXX XXXX X127).



5. Require credit card companies to issue and use pin numbers for use in all credit card transactions, similar to how ATM cards are already used.



6. Prevent the emerging trend of companies who essentially mandate online transactions; otherwise, consumers face a $ 1 or $ 2 extra billing charge for paper billing.



7. Require information sharing safeguards on marketing materials between companies. For example, one business may sell information on its customers to another business.



8. Find ways to help companies dispose of deleted databases and hardrives that may contain sensitive information.



9. Require the U.S. Post Office to encourage the use of secure mailboxes for all residents. Much of the theft that takes place occurs because mail is stolen.



10. Develop a central identity theft agency with 800 phone number hotline, which would tie together the major credit reporting agencies; so, victims can easily report any case of fraud or suspected fraud.



What do you think of these 10 points for preventing identity theft? If you have others, please share. Thanks.


1 Comments

anonymous2
2003-04-23 01:42:09
I like number 5...
5. Require credit card companies to issue and use pin numbers for use in all credit card transactions, similar to how ATM cards are already used.


I'd also like retail staff that take cards as payments to actually look at my signature once in a while.. I'm fast approaching the day when I buy my next bundle of groceries as Mickey Mouse. Seriously.