US Pandemic Fraud Loss Estimates Keep Rising as Congress Dithers on Digital Identity
(Biometric Update, Sep 14, 2023)
The large scale of the fraud was quickly discovered and analyzed, with estimates ranging from the “$60 billion and perhaps much higher” that the GAO testified to in a hearing held by the Congressional Ways and Means Committee in February to $400 billion. Other estimates had pegged the total fraud closer to $80 billion. The Better Identity Coalition, the Identity Theft Resource Center and other organizations have urged Congress to pass digital identity legislation, but the Improving Digital Identity Act remains before the Senate, and has yet to be introduced in the House.
Delaware Enacts Personal Data Privacy Act
(Law Business Research, Sep 13, 2023)
Delaware Gov. John Carney on Sept. 11 signed into law House Bill 154, the Delaware Personal Data Privacy Act. This makes Delaware the 12th state to enact a comprehensive consumer data privacy law, following California, Virginia, Colorado, Utah, Connecticut, Iowa, Indiana, Tennessee, Montana, Texas, and Oregon. The Act will go into effect Jan. 1, 2025.
Two-thirds of Consumers Reveal They Will Switch Providers for More Secure Experiences Against Frauds: Insights from A SAS Study
(The Times of India, Sep 14, 2023)
Rampant frauds are reshaping individuals’ expectations about organisations’ obligations to protect them – and the changes they are willing to make to enhance security – according to a new consumer fraud study by AI and analytics firm, SAS. Eight in 10 are willing to use biometric methods like facial recognition, hand geometry, retinal identification or voice recognition for payments and transactions. Further, more than half (57%) prefer to use unique identifiers like biometrics to authenticate at the time of transaction versus remembering fixed passwords.
Which Regulatory Approaches Most Worry AI Innovators? We Built a List
(LAW.COM, Sep 14, 2023)
Law.com reported last week that some business leaders and academics argue that certain provisions of the EU AI Act go too far and risk putting innovation at risk. One of their objections to the proposed act is its ban on several uses, including predictive policing and facial recognition.
[Paywall] Wendy's Slapped with Illinois Finger-Scan Privacy Suit
(LAW360, Sep 14, 2023)
Wendy's collects its employees' unique biometric information by making them clock in for work with a fingerprint scanner without first obtaining their informed consent, according to a new proposed class action...
Column: Samsung Ordered to Pay Arbitration Fees for 36,000 Biometric Privacy Plaintiffs
(Reuters, Sep 14, 2023)
The Chicago federal judge who just ordered Samsung Electronics to arbitrate Illinois biometric privacy breach claims by nearly 36,000 Samsung device owners is not the first judge to of compelling a corporate defendant to abide by the terms of the very contract it imposed on consumers.