Government Office Says What Identity Theft?

The Government Accounting Office, aka the "GAO", as our nation's
watch dog concluded in a recent report there is not much to actually
worry about.

...most breaches have not resulted in detected incidents,
particularly the unauthorized creation of new accounts.

Well, I guess we can all sleep a bit easier tonight knowing that our
government has declared the war on identity theft is not needed.

But, to the over 100 million Americans who've been the victims of
various data breaches since 2005 - mostly from inept acts of faulty
security procedures (eg., laptops with unencrypted personal data) of
those entities entrusted with the data -we would argue differently to
Congress.

So, our tip for today is stay tuned on the latest development as recent
movement from the President Bush's special task force on identity
theft fortunately is taken a different approach to the GAO's report.

We will update you on this developing story during this upcoming
week.

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