Legal News, Data Breach News
February 20, 2024
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Breach notification laws do little to nothing to reduce breaches, study claims

Tech Times reports: A study by researchers from the University of Minnesota and George Mason University has reportedly claimed that US cybersecurity laws on breach notifications have little to no effect on curbing data breach incidents in the country.  The legislation that requires businesses to tell customers if their data has been compromised, known as breach notification laws (BNLs), enacted by governments of […]

Legal News, News
January 26, 2024
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Looking Ahead to the FTC’s Implementation of the Data Breach Notification Rule for Nonbanking Financial Institutions

From the law firm of Polsinelli PC: Beginning on May 13, 2024, nonbanking “financial institutions” must notify the Federal Trade Commission (“FTC”) within 30 days of discovering a data breach involving the nonpublic personal information of at least 500 consumers. These covered organizations can include a wide variety of companies that engage in financial activities […]