How Do We Secure Personal Data?

Friday, October 25, 2013


Brian Krebs' investigation raises larger questions. If Experian, one of the three main credit bureaus, is susceptible to accidentally selling data to identity thieves, what about all of the other data brokers out there? Brooke gets in touch with Avivah Litan, a fraud and security research analyst at Gartner, to put the Experian data breach into context, and talk about the larger implications of data security for consumers. 

Beacon - Late November


Avivah Litan

Hosted by:

Brooke Gladstone

Comments [2]

Avivah Litan from Washington D.C.

Thanks for your comment Marice. I'm aware of the Red Flag Program. I'm also aware the the onus is on the identity theft victim to prove themselves innocent. That's why it takes so long to recover their good names and credit standing. That's why there are many paid-for services to help them.

Oct. 31 2013 06:41 PM

The claim that banks are going after customers whose identity has been stolen is inaccurate. By law it would be illegal for a financial institution to hold the victim of identity theft accountable. Bank regulators, such as the FDIC or the OCC, require banks to have a Red Flag Program that is designed to help protect consumers from identity theft. If a bank does get defrauded by someone who has stolen someones identity they take the loss not the identity theft victim. Banks typically shoulder the entire loss because finding the criminal can be difficult and getting restitution is even less promising.

Oct. 29 2013 10:21 AM

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