PositiveID's Latest Human Chip-Implant Scare Story: "Medical Identity Theft"

clipped from industry.bnet.com 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. 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. That “7 percent” statistic is interesting. A recent survey by the Ponemon Institute found that only 5.8 percent of ID theft cases involve medical identity theft.

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CHIPs Will Boost Medical Access Nationwide.(Brief Article): An article from: Family Practice News