What You Need To Know About Security Breaches (Inc.)

Computer-rage256The recent spree of security breaches has set many shoppers on edge. As Target and Neiman Marcus both experienced massive security breaches this winter, data security has become an important issue to companies and consumers alike. An article in Inc. magazine explores how there is no single standard of when a company must notify their customers about a data loss; rather, companies are subject to the laws of their state, which can differ dramatically. For example, Alaska, Connecticut, Idaho and Missouri only require security breach notifications if there is a substantial degree of material harm or risk, whereas Alabama, Kentucky, New Mexico and South Dakota do not have such laws in place.

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