We are dedicated to bringing you an updated list of news stories important to your business.Friday, August 19, 2005
Businesses see profits in fear of identity theft
Identity thieves aren't the only ones making money from stolen financial information.
Widely publicized breaches at companies such as CardSystems Solutions Inc. have driven consumer interest in products intended to protect consumers against identity theft. And companies have responded by either creating anti-theft products or remarketing existing products as identity-theft fighters.
But the business, while growing rapidly, has hit some speed bumps.
Yesterday, ConsumerInfo.com, which is owned by the credit-reporting bureau Experian, settled with the Federal Trade Commission on charges that it had deceptively marketed ''free credit reports" ... Read Full Story
Joe Light
The Boston Globe
Widely publicized breaches at companies such as CardSystems Solutions Inc. have driven consumer interest in products intended to protect consumers against identity theft. And companies have responded by either creating anti-theft products or remarketing existing products as identity-theft fighters.
But the business, while growing rapidly, has hit some speed bumps.
Yesterday, ConsumerInfo.com, which is owned by the credit-reporting bureau Experian, settled with the Federal Trade Commission on charges that it had deceptively marketed ''free credit reports" ... Read Full Story
Joe Light
The Boston Globe
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