With regards to Kevin Drum over at Political Animal. He's got a run-down of recent identity theft scandals and the scoop from the L.A. Times on legislation in the works in the Senate Banking Committee to provide greater protections for personal data, legislation that will no doubt have inportant for our industry as a whole and specifically for big-time info-aggregators such as Lexis Nexis and Choicepoint (which have been tarred recently by their inadvertent hemmoraging of consumer data).

With the volume of recent stories on this issue some kind of action on the federal level was almost assured. Senator Jon Corzine has announced plans to introduce legislation to "improve the security of consumers' financial data." Of course, Corzine has more than a passing familiarity with our industry.

We'll be waiting to see what form the bill takes and how it will effect businesses such as ourselves - those who use the tools provided by Lexis Nexis and similar vendors to ensure business transparance and prevent fraud.

-- MDT

Labels: identity theft