Identity theft is the fastest growing crime in the United States, affecting almost 5% of the national population - or 10 million Americans - in 2003 alone, according to the most recent, comprehensive national survey. Personal information such as Social Security Numbers, credit card and bank account numbers and home addresses are required for financial transactions. Numerous financial crimes such as phishing, spoofing and other forms of identity theft cost consumers and banks substantial sums. There are ways to protect against thieves looking to ruin consumers' good credit and render bank accounts penniless.
ICBA's Identity Theft webpage is a collection of helpful regulatory guidance documents, publications, websites and statistics to prevent these crimes. ICBA encourages its member banks to share this with your customers to help curb the effects of identity theft.
WHAT IS IDENTITY THEFT?
HELP FOR VICTIMS
|07/27/2011||Thank You for Introducing the Data Security Act of 2011||Letter to Congress|
|09/22/2006||ICBA Urges More Flexibility for ID Theft “Red Flags”||IWR|
|08/25/2006||FFIEC Provides More Info on Authentication Guidance||IWR|
|07/21/2006||Agencies Propose Rules to Prevent Identity Theft||WWR|
|05/12/2006||Agencies Propose New Burdensome Rules for ID Theft||WWR|
|06/10/2004||FACTA Identity Theft Rule||Letter to Regulators|
|10/17/2003||ICBA Opposes Detailed Rules for Hacker Response Programs||WWR|
|10/14/2003||Interagency Guidance on Response Programs for Unauthorized Access to Customer Information and Customer Notice||Letter to Regulators|
|09/12/2003||House Clears FCRA Extension, ID Theft Bill 392-30||WWR|
|08/15/2003||Agencies Propose Guidance on Response Programs to Fight Identity Theft||WWR|
|FDIC Guidance on Identity Theft and Pretext Calling|
|U.S. Government's Central Website for Information about Identity Theft|
|Federal Reserve Video: "Identity Theft: Protect Yourself"|