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