A coalition of 31 state attorneys general responded to a Federal Trade Commission (FTC) request for public comment on its Identity Theft Rules review with an appeal to update them to allow banks and creditors to keep up with new tech designed to block identity theft attempts. In 2017 alone, 16.7 million U.S. consumers were victims of identity fraud and fraudsters stole $16.8 billion from consumers. The letter sent to the FTC by the coalition also contains a number of recommendations designed to protect the relevance of FTC’s identity theft rules issued in 2007.
Source: https://www.bleepingcomputer.com/news/security/coalition-of-state-attorney-generals-urge-ftc-to-update-identity-theft-rules/