Welcome to the Future!
Since 2009, health care data breach statistics are:
President Obama’s federal data …
2 Privacy Experts say Federal Standards Don’t help individuals:
Posted indata privacy, legislative trend, retail data breach
Insurance sales for data protection are skyrocketing. With the feds and states scrambling to protect citizen data, and class action lawsuits being filed with every breach, the insurance market is booming. Baker Hostetler offers an absolutely fantastic chart of what every state is doing on data security. Data privacy experts say state laws go further to protect your information if its the subject of a leak, breach or hack. Tort reform types point to data breaches being a new bevy of class action lawsuits. Baker Hostetler Hot Topic: How to protect and notify individuals in case of a data breach. Here’s Washington State’s proposal to upgrade their notification laws: Finally, unlike other states, Washington state law does not require any centralized reporting to the state when a data breach occurs, resulting in a lack of robust information for law enforcement and consumers. The proposed legislation strengthens Washington’s data breach notification law by: • Notification requirements when the d… Obama Administration in a grand data security bill offers liabolity protection to companies that share cyberthreat indicators with the government. Privacy Rights advocates are not amused. Washington Post
Posted indata privacy, legislative trend
The White House released proposals to protect data. Student data. Energy data. Tech data. 75 Companies have said “Aye.” Including the big dogs- Apple and Microsoft. Education Data Protection: WSJhttp://blogs.wsj.com/law/2015/01/12/white-house-moves-to… Mandatory data breach notices have triggered lawsuits. Lawsuits have led to class action lawsuits. Think Target and Home Depot, the big retail data breaches. Class Action lawsuits lead to settlements. Whether one agrees or not what the impact of tort reform will be, data security is ripe for tort reform. State laws address data breaches. They set up notification procedures and establish liability. A cyber law expert lays out in liability and causes of actions in various states. Looking at the calss action suits that have followed major retailer data breaches, it is the legal trend of the year. The fighters for financial institutions: Independent Community Bankers of America The fighters for retailers: Retail Industry Leaders Association, National Retail Federation, National Grocers Association, Merchant Advisory Group, National Association of Convenience Stores, Food Marketing Institute, & National Restaurant Association Why did the kerfuffle start: Banks assert that they absorb the heaviest burden “f…Data Breach Insurance BOOM!
States are Passing Data Security Bills. See Where State Laws Stand. Business Interests Beware.
WA Data Security Legislation
Data Sharing with Government Leads to Liability Protection
White House Wants to Lead in Education Data Protection Legislation
Data Security Ripe for Tort Reform. Will it help? No Says Washington Post Legal Commentator
Data Breach Laws not just for the Feds
Kerfuffle: Financial Institutions v. 6 Retailer Groups- Which Bears the Financial Burden for a Data Breach?