The Canadian Bankers Association (CBA) representing its 54 member banks is joining in the Identity Theft fight by their submission on Bill C-27 an Act to amend the Criminal Code (identity theft and related misconduct).
It will create a new offence for identity theft and deal with related misconduct of unlawful possession and trafficking in "identity information.
A big hooray to our friends up in the "GREAT WHITE NORTH". Welcome aboard in our fight against ID Theft.
To view a copy of the submission click here. It is pdf format.
By the way, the product I offer, Identity Theft Shield. is available in 4 Provinces which includes Ontario, Alberta, British Columbia and Manitoba. If you want some info or a brochure, send me an email with a phone and address to contact you.
Tuesday, April 29, 2008
South Carolina Identity Theft Bill provides more consumer protection
Columbia, SC…..South Carolina consumers can do more to protect their identity now that the General Assembly passed and Governor Mark Sanford signed the “Financial Identity Fraud and Identity Theft Protection Act” on April 2, 2008. The Act provides much needed protection for consumers and is one of the most consumer-friendly and comprehensive bills of its kind in the nation.
A primary provision in the bill allows consumers to freeze and thaw their credit report at no charge. Any consumer may place a freeze on their report, including those wanting to take proactive measures to protect themselves against identity thieves or not wanting to receive more credit than they can financially handle. Businesses, however, have no need to worry about consumers not being able to make purchases as they choose. Thawing your credit only takes one phone call and 15 minutes. South Carolina is one of only two states in the country that provides this service to consumers free of charge. The Act also provides requirements in the area of credit report disputes that are similar to those in the Federal Fair Credit Reporting Act. Under the Financial Identity Fraud and Identity Theft Protection Act, credit reporting agencies must follow certain procedures when a consumer notifies it of an inaccurate or untimely item on their credit report. The consumer is also given the right to sue a credit reporting agency if it does not comply with the Act. This portion of the act will be effective December 31, 2008.
In addition to giving consumers more control with their credit, the bill also addresses identity theft concerns. According to the Act, organizations and businesses who maintain consumers’ personal information must now alert consumers when their personal information may have been compromised. Notice of the security breach must also be given to the Department if 1000 more South Carolina consumers were affected. The Department has been given the responsibility of ensuring consumer are being informed when their identity has been compromised internally or externally. This portion of the bill will be effective July 1, 2009.
The bill also requires all organizations and businesses collecting personal information to have measures for the safe disposal of material “in a manner that makes it unreadable or undecipherable.” The Department has been tasked to ensure this requirement is satisfied. This portion of the bill will also be effective July 1, 2009.
Other provisions of the Act include making identity theft a crime, prohibiting dumpster diving, putting restrictions on the use of social security numbers, and limiting the information on credit card receipts. For more information, contact the Public Information Division at 803.734.4190, toll free in SC at 1.800.922.1594, or online at http://www.scconsumer.gov
Welcome aboard South Carolina. No Lifelock needed now.
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