Debix

Sony Chairman and CEO Howard Stringer apologized today for the PlayStation Network breach, as meanwhile the company released specific details regarding the identity-theft monitoring promised to its customers whose personal information was exposed in the cyberattack.

Sony has made a deal with identity-protection firm Debix to offer a service called AllClear ID Plus for free to U.S. customers registered with PlayStation Network or Qriocity prior to the attack two weeks ago, Sony spokesman Patrick Seybold wrote in a blog post today.

Stringer today publicly apologized to customers for the first time in a separate letter posted to the PlayStation … Read more

Sometime on October 14, a wide array of furniture and electronics were stolen from a commercial storage facility outside Phoenix. The building was used by the Arizona Early Intervention Program, which helps families of disabled children.

Two weeks ago, the state informed the parents of the nearly 40,000 children in the program that their personal information was potentially at risk for ID fraud. According to the Arizona Department of Economic Security (DES), a backup computer hard drive stolen from the facility was password protected. What happened next is where the controversy arises.

The DES and others in the media … Read more

Jay Foley, co-founder of the Identity Theft Resource Center, told me recently that 57 percent of all identity fraud involves opening new accounts "for short-term gain." The ITRC should know: it has been surveying ID fraud victims for several years and has amassed some impressive real-world statistics.

Foley also said 13 percent of the identity theft victims found out about the attacks only after criminals had established utility or cable service in their names. "So your credit record is more theirs than yours, making it harder to fight them in court," he said.

Clearly the best … Read more