Consumers can take steps
to protect their identity
Illustration courtesy Utah
Department of Public Safety
May 28, 2006
SAN FRANCISCO--(BUSINESS WIRE) - This week the U.S. Department
of Veteran Affairs (VA) published a notice that electronic data
on approximately 26.5 million veterans and some spouses may have
been compromised. The stolen data could include the names, Social
Security Numbers and birth dates of persons who have served and
were discharged since 1975. Please refer to the VA Web site at
additional information on this security incident.
The Department of Financial Institutions reminds state financial
institutions, including banks and credit unions to remain vigilant
against the misuse of personal identifying information for both
new and existing customers. Additionally, financial institutions
have an obligation to verify the identity of persons seeking to
open new accounts and to safeguard customer information against
unauthorized access or use.
The California Office of Privacy Protection recommends that veterans
whose personal information may have been involved in this incident
take steps to protect themselves against possible identity theft.
For information specific to the incident, please follow the link
to the Office of Privacy Protection, http://www.privacyprotection.ca.gov/nr/vasecurity_incident.htm.
Additionally, consumer information and resources on preventing
identity theft and steps to take if an individual becomes a victim
can be found at the DFI's Web site under Financial ABCs, listed
under "I" for Identity Theft at: http://www.dfi.ca.gov/financialliteracy/.
For your reference, DFI Alerts may be accessed from the DFI Web
site at http://www.dfi.ca.gov/notices/consumernotices.asp.
To learn how to automatically receive DFI Alerts and other DFI
publications through e-mail, please visit http://www.dfi.ca.gov/bulletin/subscription/public.asp.
DFI supervises over 700 financial institutions with assets totaling
over $290 billion. The Department is responsible for administering
state laws regulating state-licensed financial institutions: banks,
credit unions, industrial banks, savings associations, trust companies,
offices of foreign banks, issuers of travelers' checks and payment
instruments (money orders), and transmitters of money abroad.
DFI reports to Business, Transportation & Housing Agency Secretary
Sunne Wright McPeak and Gov. Arnold Schwarzenegger.