Finally, it is important to note that the statute specifically limits the class of victims of identity theft to persons whose personal identifying information was taken or used.
THE FEDERAL IDENTITY THEFT & ASSUMPTION DETERRENCE ACT
Following Arizona's lead, in 1998 the United States Congress enacted the Identity Theft and Assumption Deterrence Act.
unique biometric data, such as [a] fingerprint, voice print, retina or iris image, or other unique physical representation." (18) Thus, the federal identity theft statute covers a variety of individual identification information that exists today or that could be created in the future based on advances in technology.
Should an ID Secure member detect that their identity has been compromised in some way, they have access to a dedicated identity theft resolution specialist who can walk the member through the process of resolving the fraud and restoring their good name.
Along with assistance from a dedicated fraud resolution specialist, members also receive protection from an identity theft insurance policy with no deductible.* While consumers are usually not liable for fraudulent debit and credit card activity, they can find themselves facing costs associated with re-filing for loans, grants or other types of credit that are rejected as a result of the identity theft.
Affinion provides enterprises and government agencies with the BreachShield service, while consumers can also rely on PrivacyGuard, CardCops, PC SafetyPlus and Hotline to help them protect against, detect and resolve identity theft.
Affinion Security Center, a division of Affinion Group, is a premier security, credit monitoring and identity theft protection innovator with nearly 35 years of global experience.
This article argues that the same type of loss allocation rules used elsewhere should be transplanted to the modern identity theft context.
The first section of this article discusses some aspects of identity theft. The next section explains the concept of loss allocation rules and offers some suggestions for how loss allocation rules might fit the identity theft context.
One theme that runs through victims' accounts is how easily the identity theft could have been avoided.
Several reasons explain why the credit industry has not moved to combat identity theft more aggressively.