Move to Toughen Laws, Protect NJ Consumers’ Personal Information

WHYY News | May 8, 2018 | More Issues
Aim is to reduce risk of identity theft and stop credit cards from being opened in children’s names

New Jersey lawmakers want to hold companies more accountable when consumers’ personal information is compromised. A set of bills is advancing in the state Legislature to address the growing issue.

One bill would allow a parent or guardian to put a freeze on a child’s credit report, thus preventing new credit cards from being opened in their names. “Twenty-nine 29 other states do this. We need to do it here. We need to protect our minors,” Assemblyman Paul Moriarty (D-Gloucester), chair of the Assembly Consumer Affairs Committee, said.

Another bill would require credit-reporting agencies to encrypt information about consumers’ credit worthiness; that legislation is intended to reduce the risk of identity theft.

Read the full story on WHYY News Online, a content partner of NJ Spotlight.