Law aims to reduce identity theft

Tuesday, 1 July 2003, 12:52 PM EST

The Security Breach Information Act (S.B. 1386), which goes into effect Tuesday, requires companies that do business in California or that have customers in the state to notify consumers whenever their personal information may have been compromised.

Companies that fail to properly lock down information or to notify consumers of intrusions could be sued in civil court.

"Organizations that are following near-best practices for data security should be OK," said Ray Wagner, research director for information security strategies at Gartner. "However, you could read (the law) very conservatively: If you don't encrypt data...and maintain good audit trails, you open yourself up to lawsuits."

The law attempts to stem the growing problem of identity theft, in part by encouraging companies to be more open about security breaches that may have compromised consumer data.

[ Read more ]

Related items




Spotlight

Operation Pawn Storm: Varied targets and attack vectors, next-level spear-phishing tactics

Posted on 23 October 2014.  |  Targets of the spear phishing emails included staff at the Ministry of Defense in France, in the Vatican Embassy in Iraq, military officials from a number of countries, and more.


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

Fri, Oct 24th
    COPYRIGHT 1998-2014 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //