Rob O’Neill reports: The New Zealand government is expected to introduce a rewrite of privacy laws into Parliament next year, but one security expert says the proposals are imprecise and don’t go far enough. Trend Micro’s senior security architect Peter Benson says data breach disclosure laws are long overdue and will bring New Zealand into…
Category: Breach Laws
KR: FSS toughening punishment on data theft
Chung Ah-young reports that the South Korean financial regulator is cracking down by enhancing the penalties for employees and executives: Financial Supervisory Service (FSS) Governor Choi Soo-hyun directed the reinforcement of the punitive measures for any irregularities which can disrupt the market order and breach the rights of financial consumers. To prevent a recurrence of…
Cantor’s Defeat: Impact on Breach Law
Eric Chabrow reports: Kentucky became the 47th state to enact a breach notification law last week. And while a national law superseding the widely varying state statutes is long overdue, the primary election defeat of House Majority Leader Eric Cantor makes passing such a bill tougher. Read more on GovInfoSecurity.com.
California bill would boost data breach notice requirements
AP reports that retailers would have to notify customers of data breaches under a bill that passed the state Assembly, AB1710. The bill also requires retailers to provide credit monitoring services. The bill passed the Assembly 43-24 on Tuesday, and now heads to the state Senate. Bill text.
South Korea Increases Data Breach Fines, Lowers Liability Threshold
James Lim reports: Recent data breach amendments (Bill No. 10479) to South Korea’s framework data protection law increase available fines; lower the liability threshold that regulators must show to levy fines; allow compensation of individual plaintiffs without a showing of damages; and require notification of affected individuals within 24 hours of discovering a breach, a Korea…
Ca: New rules to require immediate warnings when health data breached
Keith Gerein reports: Outrage over the handling of Alberta’s largest-ever breach of private health information has prompted new legislation that will force companies to immediately raise the alarm if a similar incident happens again. Health Minister Fred Horne said amendments to the Health Information Act will require custodians of health information to disclose any breach…