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In recent years, State and Federal Legislation has provided for security of the consumer’s information. In light of the "Dumpster Diving" ruling, these Acts are of the utmost importance for business to follow.
The U.S. Supreme Court ruled that "Dumpster Diving" is NOT illegal. It is the predominate method of obtaining information by those involved in crimes related to identity theft, credit card fraud, computer hackers, industrial espionage, telephone fraud, etc...
The Gramm-Leach-Bliley Act places significant restrictions on the use of customer information by those in the financial industry (insurance, banks, securities, mortgages, escrow, etc.). Such financial institutions must disclose their privacy policies to their customers.
The Health Insurance Portability and Accounting Act (HIPAA) identifies protected health information and sets rules for security and privacy of the information.