FTC Releases Survey of ID Theft (27.3 Million Victims in Past 5 Years)
The Federal Trade Commission today released a survey showing that 27.3 million Americans have been victims of identity theft in the last five years, including 9.9 million people in the last year alone. According to the survey, last year’s identity theft losses to businesses and financial institutions totaled nearly $48 billion and consumer victims reported $5 billion in out-of-pocket expenses. The agency also released a Commission report detailing its ID theft program since its inception.

KY3 Newscast (Employers at Risk of Fines and Lawsuits)

Business and Legal Reports (Employers Solution to Fines and Lawsuits)
“Business and Legal Reports” says, “One solution that provides an affirmative defense against potential fines, fees, and lawsuits is to offer some sort of identity theft protection as an employee benefit.   An employer can choose whether or not to pay for this benefit.   The key is to make the protection available, and have a mandatory employee meeting on identity theft and the protection you are making available, similar to what most employers do for health insurance. . .”

Federal Trade Commission Video (Deter, Detect, Defend, Avoid ID Theft)

FACTA Introduction (What Employers Must Know)
Texas Workforce Commission - Winter 2007

FACTA (Disposal Rule - effective June 1, 2005)
Federal Trade Commission