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Predicting Social Security Numbers From Public Data The Proceedings of the National Academy of Sciences 6 pages (Read the full report here...
...birth. Back then, identity theft - not to mention modern technology like the personal computer - were "unthinkable." But the technological boom of recent decades, coupled with the SSN's popularity as an authentication device, has enabled an "architecture of vulnerability" that exposes millions of Americans to fraud and exploitation, the report argues...
Mark Lassiter, a spokesman for the Social Security Administration, dismissed as a "dramatic exaggeration" the suggestion that a successful prediction code has been developed. In a statement, Lassiter urged the public not to be alarmed by the report, stressing that there is "no foolproof method for predicting a person's Social Security number...
...report has nonetheless boosted existing demand to remake the SSN system. Twenty-five states have recently enacted laws to limit the use of Social Security numbers on public documents, and the Social Security Administration is in the process of creating a random system for assigning SSNs (it will take effect next year). But according to the report, which stresses the need to reassess a "perilous" process, randomizing assigned SSNs may not be enough...
...crippling financial institutions in other countries. A monthly consumer-confidence survey elicited the second highest level of optimism since August 2006. Buoying hopes is S.B.Y.'s choice for Vice President, principled former Central Bank governor Boediono. Investment bank Morgan Stanley is so impressed that it wondered in a June report whether the country should be added to the so-called BRIC club of economic up-and-comers composed of Brazil, Russia, India and China...