May 18, 2012

Legislation to Protect Businesses from ID Theft on Secretary of State Websites Becomes Law

At the end of the last week, Governor Hickenlooper signed HB 11-1095 into law. The legislation was sponsored by Rep. B.J. Nikkel and Sen. Kevin Lundberg, and will allow the Secretary of State’s office to implement a password protected business filing system.

The password protection system will help prevent identity thieves from changing information on the Secretary of State’s website. A recent tactic by identity thieves is to target businesses throughout the country by posing as agents of companies, illegally manipulating data on secretaries of state websites. Once they establish some legitimacy, they apply for credit using the company’s good name and go on a spending spree, forcing businesses to rebuild their credit history.

Click here to read the full press release from the Secretary of State’s office concerning HB 11-1095 - Concerning security of the information filed on behalf of an entity with the secretary of state’s on-line business filing system, and making an appropriation therefor.

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