New ID theft rules may not pertain to small businesses – SC Magazine US

The rules, developed in accordance with the Fair and Accurate Credit Transactions Act of 2003 (FACTA), require financial institutions and other organizations classified as “creditors” to develop programs to identify, detect and respond to indications of identity theft. A bill passed this week would amend FACTA and exclude health care, accounting and legal practices with 20 or fewer employees from having to comply with the regulations, set to be enforced starting next month.

via New ID theft rules may not pertain to small businesses – SC Magazine US.

Medical Records: Stored in the Cloud, Sold on the Open Market | Threat Level | Wired.com

When patients visit a physician or hospital, they know that anyone involved in providing their health care can lawfully see their medical records.

But unknown to patients, an increasing number of outside vendors that manage electronic health records also have access to that data, and are reselling the information as a commodity.

via Medical Records: Stored in the Cloud, Sold on the Open Market | Threat Level | Wired.com.

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