Greatest Inhibitor to Innovation: Weak Data Security

This interim legislative committees have been studying data security after a rash of data breaches. It’s a complex issue. How to protect consumers, how to protect businesses and how to protect banks will be a tricky balance for the Legislature.

We need to add one more policy consideration- how data security policies impact innovation. Texas wants to be a leader in innovation and utilizes economic development programs and favorable tax environment to draw leaders in innovation to Te…