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CFO Jimmy Patronis: Freezing Credit Should NOT Cost Consumers

Posted on March 1, 2018

Chief Financial Officer (CFO) Jimmy Patronis issued the following statement regarding the unanimous approval of Senate Bill 1302 by the Florida Senate Committee on Rules.

“In 2017, 16.7 million people in the United States were affected by identity fraud, criminals stole more than $16 billion from accounts, and new-account fraud increased by 70 percent. It has even been reported that the Equifax data breach was worse than originally thought.

“As criminals become more creative, it’s important for consumers to use the best tool to protect themselves from fraud: freezing their credit. Considering this alarming data, there should be no question as to the value of Floridians easily freezing their credit without added costs. I look forward to seeing this measure become law this year.”

The next stop for SB 1302, sponsored by Sen. Jeffrey Brandes, is the Senate floor.

Filed Under: Featured Tagged With: CFO Jimmy Patronis, freezing credit

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