http://michaelgracie.com/2006/03/30/id-theft-bill-ready-for-confidence-vote/ Clever Tagline Unavailable At Publication Time Mon, 01 Dec 2008 17:34:18 +0000 http://wordpress.org/?v=2.6 http://michaelgracie.com/2006/03/30/id-theft-bill-ready-for-confidence-vote/#comment-144 Tman Tue, 04 Apr 2006 18:57:21 +0000 http://www.michaelgracie.com/id-theft-bill-ready-for-confidence-vote/#comment-144 This is pure CYA by the data miners, credit companies, the bureaus and lending institutions. They sent their lobbysists to get a law passed that would preempt state laws. That's exactly what this one does. State laws, take California's for example, require notification of a breach regardless if their is "reasonable risk". If it wasn't for their state laws, no one would have ever found out about the Choicepoint debacle. This is a win for big business, and a HUGE loss for consumers. This is pure CYA by the data miners, credit companies, the bureaus and lending institutions. They sent their lobbysists to get a law passed that would preempt state laws. That’s exactly what this one does. State laws, take California’s for example, require notification of a breach regardless if their is “reasonable risk”. If it wasn’t for their state laws, no one would have ever found out about the Choicepoint debacle. This is a win for big business, and a HUGE loss for consumers.

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