Banks Start To Realize Identity Theft Is Expensive

from the oh,-look-at-that... dept

One of the big complaints by victims of identity theft is that the various banks and law enforcement agencies don't really care that much, leaving the individual to have to pick up the pieces themselves. The banks and credit card companies, in particular, have shown a remarkable lack of interest in solving the whole identity fraud issue (though, they'll charge you extra for identity fraud alerts!). However, they're beginning to realize that identity theft is expensive to them too, and claim they're really trying to do something about it this time. Still, things like disposable credit card numbers aren't very well promoted, and no one seems to be doing much about reforming how credit agencies work in the first place. Reforming that process would be a huge step in stopping identity theft.

1 Comments | Leave a Comment..