PositiveID's
Latest Human Chip-Implant Scare Story
Involves Medical Identity Theft
When PositiveID (PSID), the company that
makes implantable microchips that grant
access to patients’ online medical
records, acquired the credit monitoring and
identity theft company SteelVault, it was
never quite clear how the two business would
mesh together. Recently, however, PositiveID
(formerly known as VeriChip) has indicated
that it believes the two business should
segue into one another via protection
against medical identity theft, which, it
claims, accounts for seven percent of all
identity theft. I previously assumed that
PositiveID would put up firewalls between
the two businesses, even though both units
might share technologies. After all, who
really wants their online medical records
stored in the same place and accessed by the
same chips as their credit rating and social
security number? The answer is that about
20,000 people have already signed up for
PositiveID’s NationalCreditReport.com
protection services. As you can see from CEO
Scott R. Silverman’s quote in the press
release, he sees the medical and credit
aspects of his business as two sides of the
same coin...--
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