Twelve people in Florida are facing possible jail time for identity theft and bank fraud. Bank Info Security reports that the ID theft ring used stolen data to make themselves authorized users of victims' payment cards and bank accounts. Two of the defendants, who worked at medical offices, are also being charged with HIPAA violations for stealing and selling patient data, including Social Security numbers. Meanwhile, the FTC addressed the House Ways and Means Committee's Social Security Subcommittee, outlining a program to help "protect consumers from ID theft and deal with its consequences." The FTC laid out a three-pronged approach including "law enforcement, data collection and analysis and consumer and business education."
Full Story