Oregon Gov. Kate Brown has signed a bill that requires vendors, service providers, and other third parties that store consumer data to notify consumers if a security breach occurs. The language stipulates that covered entities make such notifications “as soon as is practicable but not later than 10 days” after a suspected or confirmed security breach. The Oregon Consumer Information Protection Act takes effect on Jan. 1, 2020.
Similar Posts
Gen Z is burdened by student loan debt, and now many are facing payments for 1st time
In the first week of October, Kennedy Quintanilla will do something she has not had…
Millennials and Gen Z Have Lowest Credit Scores of Any Generation
Millennials have some of the worst credit ratings, a new Experian report finds. FICO scores…
Elder Fraud on the Rise
Financial institutions are reporting an increasing number of suspicious activities involving financial abuse targeting older…
Small Mortgages Are Getting Harder to Come By
Attom Data Solutions reports that small mortgages are becoming scarcer for low- and middle-income homebuyers….
CFPB Accuses Two of the Nation’s Largest Credit Repair Companies of Tricking and Cheating Customers
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against CreditRepair.com and Lexington Law…
Americans Are Increasingly Obsessed With Their Credit Scores
An increasing share of Americans say they know the three-digit number that influences their ability…