Thursday, September 18, 2003

The slow motion credit card/check fraud train wreck

I, Cringely | The Pulpit

I posted previously on Cringely's identity theft essay. This essay is even better than his first. He even mentions some vulnerabilities I didn't know about.

He really covers all the bases, and he lays out a methodical case. This train has been in the process of crashing for about fifteen years. It just seems so dramatic now because the problem has entered the steep phase of its exponential growth.

This needs legislation. It's needed legislation for over 10 years.

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