Identity Theft Disclosure Law: Congress About To Fail Us Again
Posted by Clark Venable on 4/20/2006
Bruce Schneier, in Identity-Theft Disclosure Laws explains why pending federal legislation on protecting consumers form identity theft is a step backward from many existing state laws.
"...this federal law pre-empts the 23 existing state laws -- and others being considered -- many of which contain stronger individual protections. So while [the Data Accountability and Trust Act] might look like a law protecting consumers nationwide, it is actually a law protecting companies with large databases from state laws protecting consumers.
So in its current form, this legislation would make things worse, not better."
So in its current form, this legislation would make things worse, not better."
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