The United States Government Accountability Office has released a report on federal and state laws restricting the use of Social Security numbers. Despite such legislation, public and private sectors' use of the numbers is widespread, the GAO found. Government agencies frequently use Social Security numbers to administer programs, verify applicant eligibility, and conduct research. These numbers are still widely available in a variety of public records. In addition, certain private sector entities, such as credit reporting agencies and health care organizations, also use Social Security numbers.
Although there is some consistency in the various proposed and enacted federal and state laws, gaps remain in protecting personal information from fraud and identity theft, according to the report. Recent statistics show that identity theft is increasing, with a rise in the total number of fraud and identity theft complaints to the FTC in 2004.
In 1936, the Social Security Administration established the numbers to track worker's earnings for Social Security benefit purposes. Despite their narrowly intended purpose, numbers now are used for myriad non-Social Security purposes. The aggregation of personal information in large corporate databases and the increased availability of information via the Internet may provide criminals the opportunities to commit identity theft, the GAO noted.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.