FTC press release: “The Federal Trade Commission today told the Subcommittee on Commerce, Trade, and Consumer Protection of the House Committee on Energy and Commerce Committee that in the effort to reconcile the beneficial uses of Social Security Numbers with the threats to consumer privacy, “The challenge is to find the proper balance between the need to keep SSNs out of the hands of identity thieves, while giving businesses and government entities sufficient means to attribute information to the correct person.”
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