Re:Three Years in Identity Theft Hell
by narrator on Saturday September 16, 2017 @11:55PM
(#15268150)
What if, when you replaced your SSN, banks could use a system that would return "invalid SSN" on any new credit application. The existing accounts would be suspended unless you called them and updated your SSN. It would be about as much as a hassle as updating all of one's autopays when a credit card number gets stolen.
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I don't want to call up all of my business address book because one of them fucked up and leaked something.
They shouldn't even ask for it.
Currently fraud is held back by law enforcement. Which is triggered by fraud detection. Which is triggered when the wrong person gets a call from a collections agency.
And this chain of events is too long, but since there's no global (national) system to check if someone is a professional scam artist or a regular bloke, that's what banks are left with.