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Retailers Should Meet National Data Security Standards, Task Force Says
By Brian Orsak
printThe data security requirements shouldered by banks should apply to all companies, a federal task force set up to help combat identity theft said. The President's Identity Theft Task Force, an interagency group formed in May 2006, also recommended Monday that government agencies limit their use of Social Security numbers and companies develop better methods for verifying customer identities. The recommendations follow interim proposals issued in November. Banks are required under the Gramm-Leach-Bliley Act to protect customers' personal data and also must inform consumers when their data has been compromised. Banking lobbyists have been calling for retailers and other companies...
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The request follows an April 23 government report on ID theft that recommended establishing national data protection standards for the private sector and reducing the use of Social Security numbers among government agencies.
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