I wouldn't mind some more stricker security protolcall while online (either shopping or gaming ala PS3 or 360). Even when PSN when dwon due to a security breach, I wasn't to conserned because I keep my info to a minimal and use PSN prepaid cards. As for online shopping---well I stick to Amazon because I can find what I want AND I don't run into the risk of getting ripped off---NOT LIKE EBAY---I'll NEVER use that place again :stare: ! I know I run into a risk of getting my ID stolen on Amazon or any online stores but the same can happen even if I was at a store. Choose your poison that's what I always say.
There are a couple of ways to address this issue: education or government regulation, and neither is fool-proof.
No business wants to leak information. It's horribly bad for PR and their bottom line. The problem is a lot of companies don't see themselves as high-value targets, so they think they are "safe". Judging from how Sony treated their information (leaving it unencrypted) I'm willing to bet this was the case with Sony and their PSN servers. This is where education comes in. The problem with this is it isn't guaranteed to actually produce any results.
Regulation will definitely produce results. If every company doing online business with customers were forced to follow the same standards as banks, they would be a lot better off in forms of security. The problem here is regulation tends to lag behind the real world in terms of improvements, and as such you can have some antiquated regulations that no longer really are adding security. Companies see regulation as being all they need. If they meet that they are secure, which isn't always the case.
There's also a problem coming from corporate side though, in that they always want more and more of your information.
That's nothing really new, though, either. It's been like that since the dawn of time. Information is like intellectual gold.
The only way to truly minimize risk on that end is to reduce the number of people who have access to this information, and instead it's going the opposite direction. Every time I deal with a school, a bank, a doctor, or a public office I'm expected to hand over my SSN.
Remember: just because someone requests information doesn't mean you have to give it to them. Generally speaking (especially for medical stuff) the last four digits of your SSN are enough.
You could easily end up with a hundred different offices carrying your social security number in their files. That's potentially tens of thousands of people with the information needed to steal any single identity.
In many cases they'd be better off just requiring a photo ID. It's secure enough for hospitals and schools I think.
Medical institutions are pretty secure, I'll mind you. I work for one. HIPPA keeps us in line pretty well. You never know when you might get an unexpected inspection to make sure you are complying with HIPPA. That said, as I said earlier, that's nothing new. Medical institutions also aren't high value targets (schools, on the other hand, sometimes are). Photo IDs are relatively easy to forge, whereas getting the SSN for a specific person isn't easy, as such the chances of impersonation are less when using SSN to ID someone.
(In the US, it is a bank in Europe)
cool, didn't know that.