Data breach reporting laws
To date, all 50 states, the District of Columbia, Guam, Puerto Rico, and the Virgin Islands have data breach reporting laws that require both private and public entities to notify customers, consumers or users of breaches involving personal information. The deadline for notifying individuals affected by violations may vary from state to state. The push continues for a data breach reporting law at the federal government level. security breach meaning In May 2019, the Data Breach Prevention and Compensation Act was passed. It created an Office of Cyber Security at the Federal Trade Commission to oversee data security in consumer reporting agencies. It also established effective cybersecurity standards at consumer reporting agencies such as Equifax and imposed penalties on credit monitoring and credit reporting agencies for breaches that put customer data at risk. While the US does not have a federal data breach notification law, the European Union's General Data Protection Regula