House Weighs Regulatory Reprieve for Small Firms

"What's being lost on a lot of small businesses is that even if they put a few practices in place, in the end they're saving themselves money," says Ed Goodman, chief privacy officer at Identity Theft 911, an identity management company in Scottsdale, Ariz. "When you think of identity theft, you typically think of the victim as the person whose identity was misused. But then there are the businesses that are touched. And once the victim is proven, the business is left holding the bag."

-- Reported by Carmen Nobel in Boston.

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