Remember all those data theft breaches?
WASHINGTON, July 28 /U.S. Newswire/ -- After a year in which millions of Americans have been put at risk of identity theft because of a series of data security breaches at companies across the country, Consumers Union urged Congress to adopt a set of safeguards to provide consumers with tougher protection against such fraud. New identity theft legislation is expected to be considered by the Senate Commerce Committee (S. 1408) and the Senate Judiciary Committee (S. 1332) as early as today.
Consumer groups are concerned that an intense lobbying campaign in Congress by industry groups may leave Americans without the safeguards they need. Industry lobbyists are fighting to block a new right for consumers to freeze access to credit files, stricter rules regarding data security, mandatory notices of all security breaches, and the ability of states to provide stronger identity theft protections.
"If lobbyists working for big financial companies and the data broker industry get their way, consumers may be left in the dark when sensitive information about them is lost or stolen due to lax security," said Susanna Montezemolo. "Consumers are counting on Congress to resist pressure from industry groups and provide meaningful protection against the growing threat of identity theft."
Consumers Union urged members of the Senate Commerce and Judiciary Committees to adopt legislation that included the following reforms:
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