Retailers support uniform notification requirements. Pawlenty, head of the Financial services Roundtable, wants them to go a step further.
He wants businesses to meet the high standards that financial institutions have to meet. [The Hill]
Monthly Archives: November 2014
39 Lawsuits from HomeDepot Data Breach
Multidistrict litigation found its new bread and butter in data breach lawsuits. The Credit Union National Association determined that the Home Depot data breach cost credit unions $60 million. $60 million hit includes the cost to reissue cards, deal with fraud and cover other costs. [Atlanta Business Journal]
FTC Data Security Enforcement Powers
FTC’s data security enforcement powers are rooted in FTC Act. The Third Circuit Court of Appeals is considering an appeal of a ruling that affirmed the FTC’s data security enforcement powers. The Center for Democracy and Technology supports the FTC’s enforcement powers. [CDT]
WY: Data Security Legislation
Protecting the personal privacy of citizens is trending. Wyoming is considering legislation that will:
- Limit the amount of information the state can collect
- Prohibit the sale of information to third parties [Wyoming Public Media]
40 Merchant Groups Urge Action on Data Security
Data Security is a concern for businesses large and small. These associations are urging fair reform that doesn’t overburden businesses, large or small:
Alabama Grocers Association
American Hotel and Lodging Association
California Retailers Association
Conexxus
Florida Petroleum Marketers and Convenience Store Association Food Marketing Institute
Georgia Association of Convenience Stores
Illinois Retail Merchants…
Refreshing Recollection: Abbott Data Privacy Plan
Back in 2013, gubernatorial candidate Greg Abbott released his “We the People Plan” focusing on privacy. He’s concerned about data security, specifically:
- The sale or resale of Texans’ data by state agencies
- Extending the prohibitions against re-identification of de-identified data to non-medical data [Greg Abbott’s We the People Plan]
…
Cost to Financial Institutions for Data Breaches
Data breaches don’t only affect retail establishments and customers, banks and credit unions are also affected. Each data breach requires new credit and debit cards to be printed and mailed, and for fraudulent charges to be covered. This comes at a hefty cost to financial institutions.
The “
Posted inbanking, legislative trend, retail data breach
The 2014 Home Depot data breach litigation has raised the very tort issues that data breach legislation addresses- venue and consolidation. Whenever there are a lot of injuured parties, spread out throughout a state or country these issues arise. Data security breaches are the new pharmaceutical class action. [National Law Review] 36 states considered 110 bills related to student data protection and privacy in 2014. The usual and obvious bills to ban collecting and/or storing student data were filed. And more nuanced bills were fild such as those which granted State Baords of Education privacy powers to protect student data. Need some pictures to show what was considered throughout the country? Check out the Data Quality Campaign. [
Posted indata privacy, legislative trend, student data privacy
Schools have been tracking students to make them safer and more efficicent. The more data that is collected, the more information there is that can be fruitful to the nefarious hackers. This year Florida became the first state to ban the collection of biometric identifiers from students. In 2014, 36 states considersidered 110 bills on protecting data security of students. What type of student data protections are we seeing?Data Security Litigation: Tort Reform
State Student Data Protection Laws and Regulations in 2014
Data Security Quagmire: Public School Student Data