Identity Theft; What's the real problem and who really cares?

This week, in a decision that has left consumer advocates, privacy experts and even competing identity theft companies scratching their heads, the U.S. District Court for the Central District of California granted Experian's motion for partial summary judgment on its claim for unfair competition against LifeLock. But the lawsuit is far from over. And the Fair Credit Reporting Act mandates that if one credit bureau is notified of a request to place a fraud alert on a consumer credit file, that bureau must then notify the other two. So what's the problem with placing fraud alerts -it's costly to Experian.

See more here of my SunSentinel Editorial Blog;
Memo to Experian: Identity theft is the problem, not your competitors!

Earlier this week the Identity Theft Resource Center came out with a new study titled: Identity Theft; The Aftermath 2008.

In the recently released report the ITRC noted that they "firmly believes that only a collaborative effort that includes identity theft victims, subject matter experts, business, law enforcement and government will provide us with the tools needed to battle identity thieves. Unless we adopt a policy of "it is us" against the criminals, the criminals will continue to win" MORE here.

I don't think Experian got that memo...