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Reply #183: Yes, I read your excellent summation above, and I read this [View All]

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Emit Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Feb-26-06 02:54 PM
Response to Reply #178
183. Yes, I read your excellent summation above, and I read this
Edited on Sun Feb-26-06 02:54 PM by Emit
last night:

According to the Identity Theft Resource Center in San Diego, CA there have been close to 60 reported security breaches of customer financial information from United States corporations thus far in 2005, involving 13.5 million customers identities. The companies include Choicepoint, Inc., Bank of America Corp., Wachovia Corp., Ameritrade Holding Corp., DSW Shoe Warehouse, Time Warner Inc., LexisNexis and most recently Citbank Financial Group. While most lost data has involved data storage tapes lost in transit by courier services or UPS, others involved computer security breaches. And as corporate America looks for ways to shore up its security problems rather than face the wrath of Congress, an even more unwieldy problem is brewing abroad.
As holes still exist in protecting the personal information of both customers and employees of corporations in the United States, many of these same corporations, which include the largest financial institutions and two of the three credit reporting agencies, have offshored information technology units which include-back office functions from customer service to software development and engineering.

Yet American customers or consumers are never informed whether or not their personal information and credit history is being offshored, as it is not required by U.S. corporations to do so. Coming to light is that various U.S. government programs and states are utilizing more and more offshore subcontractors in addition to those corporate entities which indirectly do business with the U.S. government. But unknown to the American consumer or taxpayer is the threat of theft of an individuals identity and financial resources which remain largely unprotected without the ability to enforce U.S. law on foreign land.

Accounting firms are offshoring IRS tax preparation. The U.S Department of Agriculture defers to the states to run food stamp programs, with as many as 43 states offshoring call-centers to India even though federal law dictates that only U.S. government workers should handle the job. The Health Insurance Portability & Accountability Act (HIPAA) which protects the health information of a patient and prevents healthcare companies from selling such information to third parties such as telemarketing firms, does not limit nor prohibit the transfer of information to overseas locations for third party subcontracted services. And many public and private hospitals are sending diagnostic radiology work to India with no law requiring notification to patients that a radiologist in India, unlicensed in the U.S., is reading x-rays and diagnosing illnesses and injuries. Known as ghosting, U.S. certified radiologists oversee radiologists in India while x-rays are electronically transmitted. Initiation of regulatory controls is only now in the beginning stages to ensure doctors performing such work are properly trained.

edited spelling
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