Corzine Unveils Sweeping Identity Theft Bill (Article)

With all the instanstes personal and corporate identity theft, Senator Jon S. Corzine (D-NJ) introduced a new bill called 'Identity Theft Prevention and Victim Recovery Act'. This new bill tries to prevent ID theft incidents and provide consumer protections to victims. One of the more notable points of this legislation is that a company's chief compliance officer (or CEO) would have to attest that security systems are in place to prevent theft of sensitive personal data.