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
U.S. Consumer Confidence Jumps as Current Views Hit 18-Year High
U.S. consumer confidence improved in February, topping all forecasts and snapping a three-month losing streak,…
Millennials Not So Keen About Credit Cards
People age 29 and younger are 93 percent more likely to have a negative opinion…
Consumers Lack Confidence in the Car Buying Process, Study Finds
As car buyers start their search for year-end deals, Capital One Auto Finance has released a study…
Turn the Post Office Into a Bank? First Check Japan
Legislative efforts to turn the U.S. Postal Service into a bank to provide cheap financial…
17% of Americans Hit by Fraudulent Bank Account Activity
As many as 17% of consumers experienced fraudulent bank account activity in 2017, up moderately…
Attention shoppers: Price hikes are ahead, but consumer companies hope you won’t notice
Inflation is coming. Look no further than Coca-Cola and Procter & Gamble sharing plans this week to raise prices to offset…