When Bruce Schneier Talks You Better Listen

http://www.forbes.com/security/2007/01/19/identity-theft-security-tech-security-cz_bs_0122identity.html?partner=rss

"Identity theft is the information age’s new crime."

"Security technologies can work wonders in preventing identity theft, once the economic incentives to apply them are there."

"To mitigate that risk, we need to concentrate on detecting and preventing fraudulent transactions. We need to make the entity, which is in the best position to mitigate the risk, responsible for that risk. And that means making the financial institutions liable for fraudulent transactions.

Doing anything less simply won't work."

Heard of PCI and other compliance beasts? it talks about what to do.

And here is how

Cheers