Byron Bay data breach victim told to pay Adidas, NBA $1.2M by US courts
"Identity Theft" shouldn't even be a thing. Someone falsifies documents and takes out a loan or something that should not have been approved. That's bank fraud and should be an issue entirely between the fraudster and the lender/bank.<p>Somehow banks have re-named it from "bank fraud" to "identity theft," deftly shifting responsibility onto some unrelated third party, who now has to deal with it. "Your <i>identity was stolen</i>! That makes you the victim. Now go help fix it!"<p>Banks should not be able to shift the blame. They did a crappy job and lent money or opened an account for someone they shouldn't have. They are the ones who should bear the burden of mopping up their mistake.