Consumers are demanding more protection for their privacy, and corporations are investing in greater security measures. Obama has called for a national data breach law to address the lack of strict standards in many states. Tax industry firms, such as TurboTax, have teamed up with the IRS to make online tax filing safer and more secure. New security start-ups are developing better technologies that pinpoint unusual activity and systems are being re-designed to make them harder to breach.
None of these measures will guarantee your security; after all, much of your personal information has been floating around for years. But there are steps you can - and should - take to protect your identity.
Stay tuned for the next issue!
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