California’s sweeping data security legislation should serve as a model for the nation and states according to the National Consumers League (“NCL”).
NCL also commends the 10 states that have enacted data security legislation requiring businesses to implement data security protocols. The Hill
Posted indata privacy, legislative trend, retail data breach
Data breaches and law suits go together like PB&J- pear, brie and jambon. Sony faces a class action lawsuit from former employees, who claim Sony had knolwedge of the data security weaknesses & did nothing to correct or protect confidential information. The data breach leak included personal & confidential employee information, and their lawsuit is limited to the leaking of the employee information.
Posted indata privacy, legal trend, legislative trend
New York is home to WallStreet. Naturally the New York Department of Financial Services would include new exmaination requirements that focus on data security. Exmainations will now include: Winter 2013 brought a large data breach for Target. Various lawsuits ensued. Financial institutions sued. Individuals sued. Target had sought to dismiss the suit brought by 5 financial institutions. The judge said, “NO,” in one of the first rulings of its kind allowing financial institutions to sue retailers for data breaches. Judge Magnuson also said, “imposing a duty on Target in this case will aid Minnesota’s policy of punishing companies that do not secure consumers’ c… HHSC gave the House Committee on Public Health and the Senate Health and Human Services Committee a holiday gift- a report on data security. The report lays out plans for rulemaking and legislative recommendations, including new requirements for providers: Amend the Texas Medical Records Privacy Act (the “Act”), Chapter 181, Health and Safety Code, to include reference to electronic PHI security requirements similar to those inclu… Iowa Department of Motor Vehicles is releasing an app that will function as your driver’s license. No more getting ticketed for not having your driver’s license with you, unless your phone battery is drained. State officials assure that the app and driver’s license will be secure from data security breeches. [ Legislation predictions from Bankers: <... Winter 2013 brought a large data breach for Target. Various lawsuits ensued. Financial institutions sued. Individuals sued. Target had sought to dismiss the suit brought by 5 financial institutions. The judge said no. Judge Magnuson also said, “imposing a duty on Target in this case will aid Minnesota’s policy of punishing companies that do not secure consumers’ credit- and debit-card information.” [
Posted inbanking, data privacy, legal trend, legislative trend, retail data breach
President Obama’s pick to lead the Pentagon, Ashton Carter, is a strong proponent of increasing data security. He’s been involved with the reorganization of US Cyber Command. Expect more legislative & media attention for data security. [Washington Post] Sony Pictures Data Breach Leads to Lawsuits
New Data Security Rules for Financial Institutions from NY
3 Articles on Banks and Credit Unions Suing Retailers After a Data Security Breach
Health Care Data Security. HHSC Offers 3 Legislative Proposals
Driver License Phone App- Can it be Secure?
Data Security Legislation Predictions for Financial Institutions
Student Data Privacy- Private Companies Want the Data. States Move to Protect Student Data.
Retailer has breach. 5 Banks sue. Litigation continues to Protect Public Policy. Tort Reform on Horizon.
Data Security Getting More Media Attention