TransUnion Canada Applauds Passage of New Identity Theft Act
TORONTO, October 23, 2009 – TransUnion Canada today congratulated Justice Minister Rob Nicholson, the Government of Canada and all Parliamentarians for passing new provisions to the criminal code that would impose penalties on those who commit or are attempting to commit identity theft.
“We believe the new criminal code provisions provide law enforcement with the tools it needs to bring to justice those responsible for crimes of identity theft against Canadian citizens,” stated Ken Porter, president of TransUnion Canada. “As a company that helps people proactively protect themselves from these types of crimes and works with them to offer assistance in recovering from the very personal and devastating consequences of fraud and identity theft when it does occur, TransUnion sees firsthand the very real need for these new provisions.”
Bill S-4, An Act to Amend the Criminal Code (identity theft and related misconduct) received Royal Assent on October 21, 2009.
TransUnion’s industry leading Fraud Victim Assistance Department (FVAD) has worked closely with those in law enforcement for many years. “We look forward to achieving significant results together in the future based on this important development.” continued Porter.
The TransUnion Fraud Victim Assistance Department (FVAD) is the credit industry's first and most comprehensive department dedicated specifically to assisting credit fraud and identity theft victims. FVAD is dedicated to the detection, prevention and rectification of these crimes. Based in Hamilton, Ontario, FVAD works with consumers, credit grantors, law enforcement officials and other credit reporting agencies to help investigate and prevent these crimes.
As a global leader in credit and information management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue by delivering comprehensive data and advanced analytics and decisioning. For consumers, TransUnion provides the tools, resources and education to help manage their credit health and achieve their financial goals. Through these and other efforts, TransUnion is working to build stronger economies worldwide. Based in Toronto, with global headquarters located in Chicago, Illinois, TransUnion provides local service and support throughout Canada. Visit www.transunion.ca to learn more.