Upcoming Report Will Help Protect Businesses Against Identity Theft, Fraud

  • Dec 18, 2007

With the holiday shopping season in full swing, banks, card issuers and retailers, among others, are mindful of the dangers of identity theft and the importance of protecting their customers’ personal financial data. A report coming in January will help businesses and other organizations arm themselves from the theft and fraudulent use of such information.

The report is being prepared by the Identity Theft Prevention and Identity Management Standards Panel (IDSP). Sponsored by the American National Standards Institute (ANSI) and the Better Business Bureau and spearheaded by nine leading companies, the Panel has spent the past year defining a set of cross-sector standards and best practices to address this critical issue.

“The IDSP has brought together a diverse group of public and private sector interests to identify guidelines and standards-based solutions that can be used to address this critical marketplace problem 365 days per year,” said IDSP director James McCabe.

The panel's collective findings and recommendations will be issued on January 24. The IDSP will host a webinar that day to formally announce the release of the report and engage key analysts and industry leaders in a roundtable discussion of the panel’s findings.

For more information about the IDSP, visit www.ansi.org/idsp.

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