Eric Chabrow reports on BankInfoSecurity.com that a number of witnesses testifying yesterday during the Senate hearing on the Data Security and Breach Notification Act of 2010 urged Congress to exempt groups when breach notification is already mandated by other laws. Of course, their arguments make a certain amount of sense — except for the fact…
Category: Legislation
FDIC Requires Banks to Adopt Policies on Disposal of Information Stored on Office Equipment
Elizabeth Khalil writes: On September 15th, the Federal Deposit Insurance Corporation (FDIC) issued guidance(Financial Institution Letter FIL-56-2010, “FDIC Guidance on Mitigating Risk Posed by Information Stored on Photocopiers, Fax Machines and Printers”) urging banks under its supervision to ensure that they have written policies for the erasure or destruction of sensitive or confidential customer information stored in photocopiers, fax machines,…
Redacting Social Security Numbers from Public Records
Frank Mand reports on Plymouth County’s efforts to redact Social Security Numbers from publicly available records starting with “Book 1989,” the first book of records in which SSN began to appear in real estate records. The Registry is now up to Book 38,792 and – referencing documents in terms of their digital images – there…
Swiss: No assistance in stolen bank data cases
The cabinet has adopted a new ordinance setting out when it will or will not cooperate with other countries requesting assistance in cases of suspected tax crime. In a statement on Wednesday, the government said that requests for administrative assistance would be rejected if they are “based on information which was obtained or forwarded due…
California passes notification content bill, but will Schwarzenegger sign it?
The California legislature passed an important breach notification bill authored by state Senator Joe Simitian this week, but will Governor Schwarzenegger veto this bill too, as he did the last time around in its previous incarnation? Senate Bill 1166 would mandate certain information about the breach be included in any notification. In a press release…
Yet Another Proposed Federal Data Security and Breach Notification Bill: Senators Rockefeller and Pryor Jump Into the Fray
Tanya Forsheit writes: Many of us have watched over the past few years as dozens of proposed federal data security and breach notification bills have been introduced, often with bipartisan support, but have failed to become law. This year has seen many of the usual proposals. For those of you keeping track, this year’s bills…