Welcome to the Monday Morning News Kick Off post on the ITAC blog. As always, we have compiled all the key identity theft, data breach and cyber security stories you need to kick start your week on the right foot. For this Monday, we have a number of different stories ranging from new data breach legislation to a piece about child identity theft.

Child-Identity Theft Increases
Imagine applying for that first job, that first exciting credit card, that freshman-year college loan. Now, don’t. For more young adults, plans and hopes are being dashed because they are unwitting victims of identity theft at the hands of someone they know, usually their parents. It often happens when victims are too young to do anything about it, so it’s a crime that can go undetected for years. Read the full AJC story here.

Conn. AG Wants Teachers Board to Explain Lost Data
Connecticut Attorney General Richard Blumenthal says the state Teachers’ Retirement Board owes its members identity theft protection and an explanation after waiting six months to inform them of a lost flash drive containing retirement data. Blumenthal said Wednesday he is urging the board to give more than 58,000 members identity theft protection for two years and more details of how the drive vanished and exactly what information it contained. Read the full AP story here.

Bill Would Target Data Breaches
Two Senate lawmakers introduced a bill last Wednesday that would require financial institutions, retailers, federal agencies and others to do more to safeguard sensitive information and to investigate security breaches. The bill offered by Sens. Tom Carper, D-Del., and Robert Bennett, R-Utah also would require these entities to notify consumers when there is a “substantial” risk of identity theft or fraud becauase of a security breach involving their sensitive information. It would apply to retailers who take credit card information, data brokers who compile private information and government agencies that hold nonpublic personal information, according to a news release. Read the full National Journal article here.

AMR Breach Puts 79,000 Employees at Risk
In one of the largest data breaches in recent months, AMR, the parent company of American Airlines, said it’s in the process of notifying more than 79,000 current, former and retired employees that a hard drive containing their most sensitive personal information was stolen from its corporate headquarters in Fort Worth, Texas. The Associated Press reported the breach earlier this month. AMR (NYSE: AMR) officials told the AP that the purloined drive contained images of microfilm files that stored data such as employees’ names, address, birth dates, Social Security numbers and what it described as “limited” bank account information. Read the full eSecurity Planet article here.

Happy Monday!

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