Give states the right to protect privacy

Friday, 13 June 2003, 3:39 PM EST

It's round three for California State Senator Jackie Speier (D-San Mateo). Sometime in the next few weeks, her privacy bill, which would give consumers more control over how their private financial information is used and impose tough penalties on banks and credit agencies that share such information without permission, is up for another vote in the state assembly. Proponents are hopeful that three times will be a charm. Governor Gray Davis has signed on, and polls show that 91% of Californians support the measure.

Even if Speier's bill passes, though, her fight could be for naught. Across the country, on Capitol Hill, Congress is holding hearings on whether -- and if so, how -- to update the Fair Credit Reporting Act (FCRA), the country's first and most important federal privacy law. One of the most contentious questions is whether Congress will extend a complex 1996 amendment that preempts the right of states to pass seven types of consumer-protection laws -- including those that regulate sharing of financial information.

[ Read more ]




Spotlight

How to keep your contactless payments secure

Posted on 19 September 2014.  |  Fraudsters can pickpocket a victimís financial data using low-cost electronics that can fit into a rucksack. Here are the top security threats you should be aware of if youíre using a RF-based card, along with our top safety tips to keep your payments secure.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  

DON'T
MISS

Mon, Sep 22nd
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //