Here are some recommended basic steps to better protect yourself from identity theft.(The first, from the U.K. telecom company BT, explains how criminals steal identities, what ISPs and other organizations are doing to help consumers, and what the future holds. The second, from the Liberty Alliance Project, shows how stolen identities are converted into money.)
A recent report jointly conducted by Experian and the Ponemon Institute surveyed consumers who were victims of data breaches. In the report, The Aftermath of a Mega Data Breach: Consumer Sentiment, 63 percent of consumers said they believe the company where the data breach occurred should be obligated to provide identity theft protection to affected parties, and 67 percent wanted compensation such as cash, products, or services.