Credit agencies sending our files abroad
Two of the three major credit-reporting agencies, each holding detailed files on about 220 million U.S. consumers, are in the process of outsourcing sensitive operations abroad, and a third may follow suit shortly, industry officials acknowledge for the first time.
Privacy advocates say the outsourcing of files that include Social Security numbers and complete credit histories could lead to a surge in identity theft because U.S. laws cannot be enforced overseas.
....
"If you're an international crime ring, and you want Social Security numbers for identity theft, you're going to look at the weakest link," said Givens at the Privacy Rights Clearinghouse. "And that's quite possibly these overseas companies."
WTF! I know probably a lot of people have access to my personal information. But this is just WRONG. I don't care if I sound xenophobic but I dislike the fact that outsourced companies in some foreign country are not subject to US Laws regarding protecting personal data. I stongly believe that there must be a federal law that states that companies that maintain this kind of information may not outsource to foreign countries. Just wait until someone SUES these bastards because their identity was stolen because the information was compromised by these outsourced overseas companies :disgust:
Two of the three major credit-reporting agencies, each holding detailed files on about 220 million U.S. consumers, are in the process of outsourcing sensitive operations abroad, and a third may follow suit shortly, industry officials acknowledge for the first time.
Privacy advocates say the outsourcing of files that include Social Security numbers and complete credit histories could lead to a surge in identity theft because U.S. laws cannot be enforced overseas.
....
"If you're an international crime ring, and you want Social Security numbers for identity theft, you're going to look at the weakest link," said Givens at the Privacy Rights Clearinghouse. "And that's quite possibly these overseas companies."
WTF! I know probably a lot of people have access to my personal information. But this is just WRONG. I don't care if I sound xenophobic but I dislike the fact that outsourced companies in some foreign country are not subject to US Laws regarding protecting personal data. I stongly believe that there must be a federal law that states that companies that maintain this kind of information may not outsource to foreign countries. Just wait until someone SUES these bastards because their identity was stolen because the information was compromised by these outsourced overseas companies :disgust:
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