Data security laws enacted by 3 states

The Daily Record Newswire Following in the footsteps of Minnesota and Nevada, Washington state has passed legislation that requires businesses to comply with data security requirements or face potential liability if a data breach occurs. Washington Governor Christine Gregoire signed HB 1149, Protecting Consumers from Breaches of Security, into law on March 22. The measure, which goes into effect on July 1, will allow financial institutions to recover certain costs and damages from credit card processors and retailers that suffer data breaches as a result of failing to comply with current Payment Card Industry security standards. The PCI standards are a set of procedural and technological requirements for enhancing data security and include practices like installing and maintaining a firewall and encrypting data. Minnesota and Nevada have similar laws on the books. Nevada's goes even further and requires all business to encrypt their data. The laws are the latest attempt to protect consumers. Published: Mon, Apr 19, 2010

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