(Bloomberg) -- New York Attorney General Eric Schneidermanproposed what he called “the strongest” data security law inthe nation to combat an increase in the theft of personalinformation online, including a breach at JPMorgan Chase& Co.
Schneiderman plans to propose a bill expanding the definition ofprivate information to include e-mail addresses in combination withpasswords or other data that would permit access toonline accounts. It would also require companies that storeinformation to have security measures in place will be proposed tolegislators in Albany, the attorney general said in a statementyesterday.
“It’s long past time we updated our security laws and expandedprotections for consumers,” Schneiderman said. “Our new law will bethe strongest, most comprehensive in the nation.”
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