In this paper, we examine the costs and benefits of laws requiring businesses to notify consumers if their private data is compromised, such as the law in California and other state and federal laws recently passed or proposed. Identity theft and related frauds do not seem to be increasing in...

Recent efforts to regulate the use of Customer Proprietary Network Information (CPNI) attempt to address consumer concerns regarding privacy and possible fraudulent use of information. However, the FCC rulemaking issued earlier this year would do little to curtail illegal uses of CPNI. The FCC...