Back in 1986 as a young healthcare human resources professional, I recall making a recommendation regarding the new employee ID badges we were rolling out. My suggestion? Add a staff member’s social security number to the front of the badge for easy access.
Back then the internet didn’t even exist. And the concept of “identity theft” wasn’t even on the radar screen. So in my mind, this approach made sense.
Well, obviously that’s no longer the case. According to the 2017 Identity Fraud Study, released by Javelin Strategy & Research, over $16 billion was stolen from 15.4 million U.S. consumers in 2016, versus $15.3 billion and 13.1 million victims the previous year. In the past six years, identity theft has registered in at over $107 billion…
Read Full: Op-Ed: Can Blockchain Solve The Identity Theft Problem?
