Feds Want Tougher Penalties For Insider Identity Theft [USA]

A federal proposal to combat identity theft takes a particularly hard line on people who abuse insider access to information to commit the crime.

The House Judiciary Committee earlier this month passed a bill, the Identity Theft Penalty Enhancement Act, that would establish a new crime of aggravated identity theft--the use of a stolen identity to commit certain crimes--and increase applicable penalties. The bill also includes an amendment that directs the U.S. Sentencing Commission to revise its guidelines to include stronger punishment for those who abuse a position of trust to commit insider identity theft. The bill is likely to be brought to the full House for a vote in the near future.

FULL STORY from Information Week [pop up]