The Federal Trade Commission in a recent report to congress to justify their budget request for FY 2007 stated that they had taken the lead in protecting consumers from identity theft. When in fact all they have done is fine the ever-living crap out of the corporations who were victims of fraud and data theft. Here is how the FTC re-writes history and embellishes their achievements in protecting consumers from data theft; Protecting Consumers In the High-Tech Environment. The FTC has taken the lead to protect consumers from technology-driven threats to the security of their personal data and information, personal computers, and email inboxes. Data Security. Concerns about data security and identity theft have spiked with recent press reports on data breaches. The FTC is investigating a number of these breaches; it also has an ongoing and active law enforcement program to encourage appropriate security. November 2004, the FTC charged two mortgage companies in the first cases enforcing the Gramm-Leach-Bliley Safeguards Rule, alleging that they did not have reasonable protections for customers ' sensitive personal and financial information. In June 2005, a large wholesale club agreed to settle charges that its failure to take appropriate security measures to protect the sensitive information of thousands of its customers was an unfair practice that violated federal law. Great so the FTC filed several cases against name brand companies and splashed headlines in newspapers across America of their enforcement actions, not against the people who stole the data but against the very companies who the information was stolen from. In fact the FTC has done nothing, not one damn thing in my opinion to curb data theft, except used public relations ploys to embellish their agency into more taxpayers dollars in FY 2007. In my opinion the FTC is a complete fraud and is so full of yesterdays food coming out the poop shoot that someone ought to drown them in their own minutia. Consider that in 2006. |
