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Wednesday, March 16, 2005

U.S. May Restrict Sale of Social Security Numbers

Yahoo News - Reuters: U.S. May Restrict Sale of Social Security Numbers

Excerpt - WASHINGTON (Reuters) - Seeking to combat rampant identity theft, U.S. lawmakers said on Thursday they may clamp new restrictions on companies that amass and sell social security numbers and other personal information.

Executives from ChoicePoint and rival LexisNexis (ELSN.AS)(REL.L) told legislators that they had scaled back the sale of sensitive personal information following revelations in recent weeks that identity thieves gained access to more than 177,000 of the consumer profiles they sell.

But lawmakers said during the U.S. House of Representatives Energy and Commerce Committee hearing that data brokers should not be allowed to sell Social Security numbers without permission from the individuals involved.

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Hard Comment: Companies have been selling our Social Security Numbers, interesting, very interesting don't you think?

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