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Debate rages on Mass. regs
By Donna Goodison
Monday, March 2, 2009As the state prepares to implement twice-delayed regulations next year requiring businesses to more aggressively protect consumer data, a new federal report indicates very large upticks in the numbers of Bay Staters filing identity-theft complaints.
Complaints by Massachusetts consumers to the Federal Trade Commission and other reporting agencies climbed 26 percent last year. Of the 5,408 complaints, 26 percent were related to credit card fraud, according to the FTC’s Consumer Sentinel Network report released Thursday.
But those complaints are just the tip of the iceberg. A recent FTC survey found that only an estimated 4 percent of all identity-theft victims file complaints, said John Krebs, the FTC’s program manager for the Consumer Sentinel Network. (Full text at www.bostonherald.com)
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